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SUPERVALU is Among the Companies in the Food Retail Industry With the Lowest Forward P/E Ratio (SVU, IMKTA, KR, WFM, CASY)

By Nick Russo

Below are the three companies in the Food Retail industry with the lowest 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.

SUPERVALU ranks lowest with a a forward P/E ratio of 6.74. Ingles Markets is next with a a forward P/E ratio of 11.84. Kroger ranks third lowest with a a forward P/E ratio of 16.38.

Whole Foods Market follows with a a forward P/E ratio of 21.20, and Casey's General Stores rounds out the bottom five with a a forward P/E ratio of 24.90.

SmarTrend recommended that subscribers consider buying shares of Casey's General Stores on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $109.58. Since that recommendation, shares of Casey's General Stores have risen 21.8%. We continue to monitor Casey's General Stores for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest forward p/e ratio SuperValu ingles markets Kroger Whole Foods Market casey's general stores

Ticker(s): SVU IMKTA KR WFM CASY