Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Ingles MarketsIMKTA -0.04%63 PS Ratio is 0.32 as of Jul. 13, 2026, which is 39% above its 10-year median of 0.23. GuruFocus rates IMKTA with a GF Score™ of 63/100 and a GF Value™ of $69.57 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 312 Retail - Defensive companies, Ingles Markets ranks better than 65.06% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Ingles Markets's share price is $90.71.
Ingles Markets's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $284.06. Hence, Ingles Markets's PS Ratio for today is 0.32.
Warning Sign:
Ingles Markets Inc stock PS Ratio (=0.32) is close to 10-year high of 0.35.
The historical rank and industry rank for Ingles Markets's PS Ratio or its related term are showing as below:
IMKTA'
s PS Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.23 Max: 0.35
Current: 0.32
During the past 13 years, Ingles Markets's highest PS Ratio was 0.35. The lowest was 0.12. And the median was 0.23.
IMKTA's PS Ratio is ranked better than 65.06% of 312
companies
in the Retail - Defensive industry
Industry Median: 0.49
vs IMKTA: 0.32
Ingles Markets Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Ingles Markets was -0.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -2.10% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.50% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 5.80% per year.
During the past 13 years, Ingles Markets's highest 3-Year average Revenue per Share Growth Rate was 13.00% per year. The lowest was -2.10% per year. And the median was 5.20% per year.
Back to Basics: PS Ratio
Ingles Markets (NAS:IMKTA) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Ingles Markets PS Ratio Related Terms
Ingles Markets PS Ratio Historical Data
* Premium members only.
The historical data trend for Ingles Markets's PS 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 PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's PS Ratio distribution charts can be found below:
* The bar in red indicates where Ingles Markets's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Ingles Markets's Share Price of today is $90.71. Ingles Markets's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $284.06.
* 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:
Ingles Markets (IMKTA) has a PS Ratio of 0.32 as of Jul. 13, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ingles Markets and its competitors. This is 39% above median its historical median of 0.23. Over the past decade, Ingles Markets' PS Ratio has ranged from 0.12 to 0.35. According to the industry distribution chart, Ingles Markets ranks #109 out of 312 companies in the Retail - Defensive industry, placing it in the top 34.9%.
Is Ingles Markets' PS Ratio too high?
Ingles Markets' current PS Ratio of 0.32 is 39% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.35. The Retail - Defensive industry median PS Ratio is 0.49. Ingles Markets' value of 0.32 is 34.7% below this industry median. Based on the distribution chart, Ingles Markets ranks #109 out of 312 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 Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ingles Markets' PS Ratio compare to WMK and GO?
According to the Retail - Defensive industry distribution chart, Ingles Markets ranks #109 out of 312 companies for PS Ratio. This puts Ingles Markets in the upper half of its industry. The industry median PS Ratio is 0.49. Ingles Markets' value of 0.32 is 34.7% below this benchmark. Historically, Ingles Markets' own PS Ratio has ranged from 0.12 to 0.35 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.49, 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 PS Ratio for a Retail - Defensive company?
The median PS Ratio among Retail - Defensive companies is 0.49, based on 312 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ingles Markets's current PS Ratio of 0.32 is 34.7% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Ingles Markets and its competitors. For the Retail - Defensive industry, the median PS Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingles Markets's current PS Ratio is 0.32, which is 39% above median its own 10-year median of 0.23. 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 Modestly Overvalued. The stock's GF Value™ is $69.57, compared to a current price of $90.71 — trading 30.4% above its estimated fair value. The current PS Ratio is 0.32, which is 39% above median its 10-year median of 0.23 and 34.7% below the Retail - Defensive industry median of 0.49. 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 PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Ingles Markets (IMKTA), the current PS Ratio is 0.32 as of Jul. 13, 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 $90.71 is trading 30.4% above its estimated GF Value™ of $69.57.
GuruFocus considers Ingles Markets to be Modestly Overvalued.
Key valuation signals for IMKTA:
PS Ratio: 0.32 (39% above median its 10-year median of 0.23)
GF Value™: $69.57 vs. price of $90.71 (30.4% above fair value)
Industry Position: 34.7% below the Retail - Defensive median (#109 of 312)
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
Get the complete analysis for IMKTA
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IMKTA has been successfully added to your 
