Central Garden & Pet Company CENT is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 18.43X, which positions it at a premium compared with the industry’s average of 13.05X.
There has been plenty of coverage of the S&P 500's concentration, with its top three stocks - Apple (AAPL), Microsoft (MSFT) and Nvidia (NVDA) - making up 20.5% of the index, but the Russell 1000 ...