P/E ratio for Casey's General Stores (CASY)

P/E ratio history for Casey's General Stores from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Weis Markets WMK	17.1	-48.68%	🇺🇸 USA
Ingles Markets IMKTA	5.81	-82.53%	🇺🇸 USA
Kroger KR	26.7	-19.54%	🇺🇸 USA
Murphy USA MUSA	21.5	-35.44%	🇺🇸 USA
TravelCenters of America TA	9.03	-72.82%	🇺🇸 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.