Using the industry peer median P/E multiple (trailing + forward), The Kroger Co. (KR) has a fair value of $54.34 based on 6 comparable companies in the Grocery Stores industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| The Kroger Co.KR | 46,898 | 46.5x | 13.8x |
| Target CorporationTGT | 52,762 | 14.3x | 14.6x |
| The Hershey CompanyHSY | 42,970 | 48.8x | 25.3x |
| Sysco CorporationSYY | 39,785 | 22.3x | 19.0x |
| Keurig Dr Pepper Inc.KDP | 35,713 | 17.2x | 13.7x |
| Kenvue Inc.KVUE | 33,610 | 23.1x | 15.4x |
| Kimberly-Clark CorporationKMB | 32,753 | 16.3x | 13.1x |
| Industry Median | 19.7x | 15.0x | |
| (*) Profit after tax | 1,016 | 3,411 | |
| Equity Value | 20,041 | 51,147 | |
| (/) Outstanding shares | 655 | 655 | |
| Fair Price | $31 | $78 | |
This P/E relative valuation uses the industry peer median Price-to-Earnings ratio to estimate fair value. Both trailing (last 12 months) and forward (next fiscal year analyst estimates) P/E multiples are computed independently.
The industry median trailing P/E is applied to the company's TTM net income, and the forward P/E to analyst-estimated net income. Each produces an equity value divided by shares outstanding to yield a fair price per share. The selected fair value is the average of the trailing and forward legs.