Natural Grocers by Vitamin Cottage, Inc.

NGVC Consumer Defensive Grocery Stores

Natural Grocers by Vitamin Cottage, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $1.3 billion, up 7.19% from fiscal 2024. In the quarter to June 2026, revenue grew 1.84%, EPS fell 5.88%, free cash flow grew 130.2% and total debt was flat, each against the same quarter a year earlier. Revenue growth for ten consecutive years.

30.61 0.01 +0.03%
Market cap
$705.2M
P/E
14.9×
Fwd P/E
14.2×
Dividend yield
—
F-score
7/9
Altman Z
3.82
Beneish M
−2.60
Dividend safety
66/100

Natural Grocers by Vitamin Cottage, Inc. (NGVC) P/E ratio

Alert me on P/E ratio

As of 16 October 2026, Natural Grocers by Vitamin Cottage, Inc. (NGVC) trades at a P/E ratio of 14.9×. Over the past ten years it has ranged from 9.4× (September 2022) to 50.1× (February 2015); the current reading is higher than 26% of that period. That is in line with the Grocery Stores industry median of 15.1× and below the Consumer Defensive sector median of 18.1×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 19.8× (0.62%)
FY2024 19.9× 56.10%
FY2023 12.8× 11.20%
FY2022 11.5× (6.90%)
FY2021 12.3× 11.29%
FY2020 11.1× (53.42%)
FY2019 23.8× (16.26%)
FY2018 28.4× 60.09%
FY2017 17.7× (17.33%)
FY2016 21.5× (31.90%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 15.1× 21.75%
Mar 2026 12.4× 2.70%
Dec 2025 12.0× (39.18%)
Sep 2025 19.8× (3.64%)
42 more quarters

Against its own ten years

Low 9.4× High 50.1×
Ten-year median 19.1×
Current reading's percentile 28

P/E ratio against peers

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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