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Calgon Carbon is Among the Companies in the Commodity Chemicals Industry With the Highest Forward P/E Ratio (CCC, NL, WLK, KRO, GGC)

By Nick Russo

Below are the three companies in the Commodity Chemicals 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.

Calgon Carbon ranks highest with a a forward P/E ratio of 18.81. Following is NL Industries with a a forward P/E ratio of 17.60. Westlake Chemical ranks third highest with a a forward P/E ratio of 14.21.

Kronos Worldwide follows with a a forward P/E ratio of 13.37, and Georgia Gulf rounds out the top five with a a forward P/E ratio of 12.12.

SmarTrend recommended that subscribers consider buying shares of Georgia Gulf on January 8th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $44.44. Since that recommendation, shares of Georgia Gulf have risen 22.8%. We continue to monitor Georgia Gulf for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio calgon carbon nl industries westlake chemical kronos worldwide georgia gulf