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Highest Forward P/E Ratio in the Food Retail Industry Detected in Shares of Natural Grocers (NGVC, CASY, SFM, SFS, KR)

By Amy Schwartz

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.

Natural Grocers ranks highest with a a forward P/E ratio of 45.90. Casey'S General is next with a a forward P/E ratio of 26.46. Sprouts Farmers ranks third highest with a a forward P/E ratio of 16.18.

Smart & Final St follows with a a forward P/E ratio of 11.39, and Kroger Co rounds out the top five with a a forward P/E ratio of 11.04.

SmarTrend recommended that its subscribers protect gains by selling shares of Natural Grocers on December 18th, 2018 by issuing a Downtrend alert when the shares were trading at $17.07. Since that call, shares of Natural Grocers have fallen 22.9%. 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 natural grocers :casy casey's general sprouts farmers smart & final st kroger co

Ticker(s): NGVC SFM SFS KR