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Aaon Inc is Among the Companies in the Building Products Industry With the Highest Forward P/E Ratio (AAON, WMS, AWI, LII, ALLE)

By Amy Schwartz

Below are the three companies in the Building Products 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.

Aaon Inc ranks highest with a a forward P/E ratio of 30.19. Advanced Drainag is next with a a forward P/E ratio of 29.19. Armstrong World ranks third highest with a a forward P/E ratio of 21.74.

Lennox Intl Inc follows with a a forward P/E ratio of 21.71, and Allegion Plc rounds out the top five with a a forward P/E ratio of 19.29.

SmarTrend recommended that its subscribers protect gains by selling shares of Allegion Plc on July 25th, 2019 by issuing a Downtrend alert when the shares were trading at $101.68. Since that call, shares of Allegion Plc have fallen 4.1%. 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 aaon inc advanced drainag armstrong world lennox intl inc allegion plc