Casey's General Stores is Among the Companies in the Food Retail Industry With the Highest Forward P/E Ratio (CASY, WFM, KR, IMKTA, SVU)
Below are the three companies in the Food Retail industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.
Casey's General Stores ranks highest with a a forward P/E ratio of 21.45. Following is Whole Foods Market with a a forward P/E ratio of 18.58. Kroger ranks third highest with a a forward P/E ratio of 15.95.
Ingles Markets follows with a a forward P/E ratio of 11.27, and SUPERVALU rounds out the top five with a a forward P/E ratio of 5.84.
SmarTrend is monitoring the recent change of momentum in SUPERVALU. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of SUPERVALU in search of a potential trend change.
Keywords: highest forward p/e ratio casey's general stores Whole Foods Market Kroger ingles markets SuperValu