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Top 5 Companies in the Food Retail Industry With the Highest Forward P/E Ratio (WFM, SFM, CASY, NGVC, SFS)

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.

Whole Foods Mkt ranks highest with a a forward P/E ratio of 30.64. Sprouts Farmers is next with a a forward P/E ratio of 23.38. Casey'S General ranks third highest with a a forward P/E ratio of 20.66.

Natural Grocers follows with a a forward P/E ratio of 16.29, and Smart & Final St rounds out the top five with a a forward P/E ratio of 13.00.

SmarTrend recommended that its subscribers protect gains by selling shares of Smart & Final St on June 15th, 2017 by issuing a Downtrend alert when the shares were trading at $11.75. Since that call, shares of Smart & Final St have fallen 34.0%. 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 whole foods mkt sprouts farmers casey's general natural grocers smart & final st

Ticker(s): WFM SFM CASY NGVC SFS