The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-23), Ingles Markets's share price is $73.10. Ingles Markets's Book Value per Share for the quarter that ended in Dec. 2023 was $78.73. Hence, Ingles Markets's PB Ratio of today is 0.93.
Good Sign:
Ingles Markets Inc stock PB Ratio (=0.94) is close to 10-year low of 0.87
The historical rank and industry rank for Ingles Markets's PB Ratio or its related term are showing as below:
IMKTA'
s PB Ratio Range Over the Past 10 Years
Min: 0.87 Med: 1.32 Max: 2.66
Current: 0.93
During the past 13 years, Ingles Markets's highest PB Ratio was 2.66. The lowest was 0.87. And the median was 1.32.
IMKTA's PB Ratio is ranked better than 71.81% of 298
companies
in the Retail - Defensive industry
Industry Median: 1.68
vs IMKTA: 0.93
During the past 12 months, Ingles Markets's average Book Value Per Share Growth Rate was 12.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 16.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ingles Markets was 26.60% per year. The lowest was 0.20% per year. And the median was 5.35% per year.
Back to Basics: PB Ratio
Ingles Markets PB Ratio Historical Data
The historical data trend for Ingles Markets's PB Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Grocery Stores subindustry, Ingles Markets's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ingles Markets PB Ratio Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ingles Markets's PB Ratio falls into.
Ingles Markets PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
Ingles Markets's PB Ratio for today is calculated as follows:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Ingles Markets PB Ratio Related Terms
Thank you for viewing the detailed overview of Ingles Markets's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Ingles Markets (Ingles Markets) Business Description
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
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