Ingles Markets Incorporated

NASDAQ IMKTA

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Ingles Markets Incorporated Price to Book Ratio (P/B) on June 03, 2024: 0.88

Ingles Markets Incorporated Price to Book Ratio (P/B) is 0.88 on June 03, 2024, a -23.18% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • Ingles Markets Incorporated 52-week high Price to Book Ratio (P/B) is 1.20 on June 07, 2023, which is 36.16% above the current Price to Book Ratio (P/B).
  • Ingles Markets Incorporated 52-week low Price to Book Ratio (P/B) is 0.00 on February 08, 2024, which is -99.88% below the current Price to Book Ratio (P/B).
  • Ingles Markets Incorporated average Price to Book Ratio (P/B) for the last 52 weeks is 1.02.
NASDAQ: IMKTA

Ingles Markets Incorporated

CEO Mr. James W. Lanning
IPO Date March 26, 1990
Location United States
Headquarters 2913 U.S. Hwy., Asheville, NC, United States, 28711
Employees 11,625
Sector Consumer Defensive
Industry Grocery stores
Description

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

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StockViz Staff

September 19, 2024

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