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Highest Forward P/E Ratio in the Automotive Retail Industry Detected in Shares of PEP Boys (PBY, ORLY, MNRO, AAP, AZO)

By Nick Russo

Below are the three companies in the Automotive Retail 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.

PEP Boys ranks highest with a a forward P/E ratio of 58.18. O'Reilly Automotive is next with a a forward P/E ratio of 26.86. Monro Muffler ranks third highest with a a forward P/E ratio of 22.80.

Advance Auto Parts follows with a a forward P/E ratio of 16.54, and AutoZone rounds out the top five with a a forward P/E ratio of 16.24.

SmarTrend recommended that subscribers consider buying shares of PEP Boys on August 31st, 2015 as our technology indicated a new Uptrend was in progress when shares hit $11.93. Since that recommendation, shares of PEP Boys have risen 55.1%. We continue to monitor PEP Boys for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio pep boys o'reilly automotive monro muffler Advance Auto Parts AutoZone