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Highest Forward P/E Ratio in the Food Distributors Industry Detected in Shares of Chefs Warehouse (CHEF, SYY, UNFI, ANDE, SPTN)

By Shiri Gupta

Below are the three companies in the Food Distributors 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.

Chefs Warehouse ranks highest with a a forward P/E ratio of 26.07. Following is Sysco Corp with a a forward P/E ratio of 17.09. United Natural ranks third highest with a a forward P/E ratio of 13.66.

Andersons Inc follows with a a forward P/E ratio of 12.93, and Spartannash Co rounds out the top five with a a forward P/E ratio of 7.45.

SmarTrend recommended that its subscribers protect gains by selling shares of Spartannash Co on February 1st, 2018 by issuing a Downtrend alert when the shares were trading at $24.22. Since that call, shares of Spartannash Co have fallen 26.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio chefs warehouse sysco corp united natural andersons inc spartannash co