Ceco Environmental is Among the Companies in the Environmental & Facilities Services Industry With the Lowest Forward P/E Ratio (CECE, TISI, TTEK, SRCL, ABM)
Below are the three companies in the Environmental & Facilities Services industry with the lowest 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.
Ceco Environmental ranks lowest with a a forward P/E ratio of 10.30. Following is Team with a a forward P/E ratio of 10.76. Tetra Tech ranks third lowest with a a forward P/E ratio of 15.89.
Stericycle follows with a a forward P/E ratio of 20.11, and ABM Industries rounds out the bottom five with a a forward P/E ratio of 22.69.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.09. Since that recommendation, shares of Tetra Tech have risen 17.8%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio ceco environmental Tetra Tech stericycle abm industries