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