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

By James Quinn

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 39.90. Sysco Corp is next with a a forward P/E ratio of 20.74. Andersons Inc ranks third highest with a a forward P/E ratio of 9.52.

Spartannash Co follows with a a forward P/E ratio of 3.77, and United Natural rounds out the top five with a a forward P/E ratio of 2.03.

SmarTrend recommended that its subscribers protect gains by selling shares of United Natural on April 22nd, 2019 by issuing a Downtrend alert when the shares were trading at $12.56. Since that call, shares of United Natural have fallen 36.1%. 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 andersons inc spartannash co united natural