Ingles MarketsIMKTA -0.77%63 PB Ratio is 1.04 as of Jul. 08, 2026, which is 7% below its 10-year median of 1.12. GuruFocus rates IMKTA with a GF Score™ of 63/100 and a GF Value™ of $69.59 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 306 Retail - Defensive companies, Ingles Markets ranks better than 69.61% on this metric.
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 (2026-07-08), Ingles Markets's share price is $91.43. Ingles Markets's Book Value per Share for the quarter that ended in Mar. 2026 was $87.50. Hence, Ingles Markets's PB Ratio of today is 1.04.
Warning Sign:
Ingles Markets Inc stock PB Ratio (=1.05) is close to 3-year high of 1.14.
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: 0.72 Med: 1.12 Max: 2.12
Current: 1.04
During the past 13 years, Ingles Markets's highest PB Ratio was 2.12. The lowest was 0.72. And the median was 1.12.
IMKTA's PB Ratio is ranked better than 69.61% of 306
companies
in the Retail - Defensive industry
Industry Median: 1.685
vs IMKTA: 1.04
During the past 12 months, Ingles Markets's average Book Value Per Share Growth Rate was 5.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 16.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.10% 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 0.00% per year. And the median was 5.40% per year.
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
Ingles Markets PB Ratio Historical Data
* Premium members only.
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 vs Retail - Defensive Industry
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.
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.
Ingles Markets (IMKTA) has a PB Ratio of 1.04 as of Jul. 08, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ingles Markets and its competitors. This is near median its historical median of 1.12. Over the past decade, Ingles Markets' PB Ratio has ranged from 0.72 to 2.12. According to the industry distribution chart, Ingles Markets ranks #93 out of 306 companies in the Retail - Defensive industry, placing it in the top 30.4%.
Is Ingles Markets' PB Ratio too high?
Ingles Markets' current PB Ratio of 1.04 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.12. The Retail - Defensive industry median PB Ratio is 1.69. Ingles Markets' value of 1.04 is 38.3% below this industry median. Based on the distribution chart, Ingles Markets ranks #93 out of 306 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Ingles Markets has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingles Markets' PB Ratio compare to WMK and GO?
According to the Retail - Defensive industry distribution chart, Ingles Markets ranks #93 out of 306 companies for PB Ratio. This puts Ingles Markets in the upper half of its industry. The industry median PB Ratio is 1.69. Ingles Markets' value of 1.04 is 38.3% below this benchmark. Historically, Ingles Markets' own PB Ratio has ranged from 0.72 to 2.12 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.69, Ingles Markets has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 306 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingles Markets's current PB Ratio of 1.04 is 38.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ingles Markets and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingles Markets's current PB Ratio is 1.04, which is near median its own 10-year median of 1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingles Markets stock overvalued right now?
Based on GuruFocus' analysis, Ingles Markets (IMKTA) is currently considered Significantly Overvalued. The stock's GF Value™ is $69.59, compared to a current price of $91.43 — trading 31.4% above its estimated fair value. The current PB Ratio is 1.04, which is near median its 10-year median of 1.12 and 38.3% below the Retail - Defensive industry median of 1.69. Ingles Markets' overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Ingles Markets (IMKTA), the current PB Ratio is 1.04 as of Jul. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ingles Markets (IMKTA) Overvalued in 2026?
Based on GuruFocus' analysis, Ingles Markets stock appears to be overvalued.
The current stock price of $91.43 is trading 31.4% above its estimated GF Value™ of $69.59.
GuruFocus considers Ingles Markets to be Significantly Overvalued.
Key valuation signals for IMKTA:
PB Ratio: 1.04 (near median its 10-year median of 1.12)
GF Value™: $69.59 vs. price of $91.43 (31.4% above fair value)
Industry Position: 38.3% below the Retail - Defensive median (#93 of 306)
No single metric tells the full story. See the IMKTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
63GF Score
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