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

By James Quinn

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 38.98. Casey'S General is next with a a forward P/E ratio of 31.50. Sprouts Farmers ranks third highest with a a forward P/E ratio of 15.23.

Smart & Final St follows with a a forward P/E ratio of 14.00, and Kroger Co rounds out the top five with a a forward P/E ratio of 10.79.

SmarTrend recommended that its subscribers protect gains by selling shares of Kroger Co on December 6th, 2018 by issuing a Downtrend alert when the shares were trading at $28.72. Since that call, shares of Kroger Co have fallen 15.5%. 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