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Relatively High Forward P/E Ratio Detected in Shares of Amplify Snack Br in the Packaged Foods & Meats Industry (BETR, JJSF, MKC, LANC, BUFF)

By James Quinn

Below are the three companies in the Packaged Foods & Meats 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.

Amplify Snack Br ranks highest with a a forward P/E ratio of 46.51. Following is J & J Snack Food with a a forward P/E ratio of 30.75. Mccormick-N/V ranks third highest with a a forward P/E ratio of 29.12.

Lancaster Colony follows with a a forward P/E ratio of 28.48, and Blue Buffalo Pet rounds out the top five with a a forward P/E ratio of 27.78.

SmarTrend recommended that subscribers consider buying shares of Amplify Snack Br on December 13th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $6.85. Since that recommendation, shares of Amplify Snack Br have risen 75.3%. We continue to monitor Amplify Snack Br for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio amplify snack br j & j snack food mccormick-n/v lancaster colony blue buffalo pet

Ticker(s): BETR JJSF MKC LANC BUFF