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Top 5 Companies in the Health Care Distributors Industry With the Highest Forward P/E Ratio (HSIC, PDCO, ABC, CAH, MCK)

By Shiri Gupta

Below are the three companies in the Health Care Distributors 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.

Henry Schein Inc ranks highest with a a forward P/E ratio of 13.69. Patterson Cos is next with a a forward P/E ratio of 12.05. Amerisourceberge ranks third highest with a a forward P/E ratio of 11.01.

Cardinal Health follows with a a forward P/E ratio of 9.57, and Mckesson Corp rounds out the top five with a a forward P/E ratio of 8.79.

SmarTrend recommended that its subscribers protect gains by selling shares of Mckesson Corp on February 26th, 2019 by issuing a Downtrend alert when the shares were trading at $128.65. Since that call, shares of Mckesson Corp have fallen 8.7%. 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 henry schein inc patterson cos amerisourceberge Cardinal Health McKesson Corp

Ticker(s): HSIC PDCO ABC CAH MCK