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Carlisle Cos has the Lowest P/E Ratio in the Industrial Conglomerates Industry (CSL, HON, MMM, ROP, GE)

By Amy Schwartz

Below are the three companies in the Industrial Conglomerates industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Carlisle Cos ranks lowest with a a P/E ratio of 17.93. Following is Honeywell International with a a P/E ratio of 18.17. 3M ranks third lowest with a a P/E ratio of 24.14.

Roper Industries follows with a a P/E ratio of 31.97, and General Electric rounds out the bottom five with a a P/E ratio of 36.04.

SmarTrend is tracking the current trend status for General Electric and will alert subscribers who have GE in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest p/e ratio carlisle cos Honeywell International 3M roper industries General Electric