SpartanNash
SPTN
#5591
Rank
$0.72 B
Marketcap
$21.02
Share price
1.94%
Change (1 day)
-8.69%
Change (1 year)

P/E ratio for SpartanNash (SPTN)

P/E ratio as of May 2024 (TTM): 17.7

According to SpartanNash 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.6639. At the end of 2022 the company had a P/E ratio of 31.2.

P/E ratio history for SpartanNash from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202231.2
201346.7313.42%
201211.3-21.86%
201114.54.88%
201013.833.08%
200910.4-22.5%
200813.4-7.61%
200714.5-23.3%
200618.962.86%
200511.627.29%
20049.10-367.42%
2003-3.401109.62%
2002-0.2812-102.16%
200113.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.3 20.56%๐Ÿ‡บ๐Ÿ‡ธ USA
8.13-53.96%๐Ÿ‡บ๐Ÿ‡ธ USA
76.0 330.26%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
15.7-10.96%๐Ÿ‡บ๐Ÿ‡ธ USA
26.9 52.44%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.