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General Electric has the Lowest P/E Ratio in the Industrial Conglomerates Industry (GE, MMM, CSL, DHR, ROP)

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.

General Electric ranks lowest with a a P/E ratio of 21.35. 3M is next with a a P/E ratio of 21.36. Carlisle Cos ranks third lowest with a a P/E ratio of 22.24.

Danaher follows with a a P/E ratio of 26.18, and Roper Industries rounds out the bottom five with a a P/E ratio of 26.76.

SmarTrend recommended that subscribers consider buying shares of Danaher on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.04. Since that recommendation, shares of Danaher have risen 13.0%. We continue to monitor Danaher for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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