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Highest Forward P/E Ratio in the Metal & Glass Containers Industry Detected in Shares of Myers Inds Inc (MYE, ATR, BLL, GEF, BERY)

By Amy Schwartz

Below are the three companies in the Metal & Glass Containers 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.

Myers Inds Inc ranks highest with a a forward P/E ratio of 35.76. Following is Aptargroup Inc with a a forward P/E ratio of 22.13. Ball Corp ranks third highest with a a forward P/E ratio of 15.18.

Greif Inc-Cl A follows with a a forward P/E ratio of 14.98, and Berry Global Gro rounds out the top five with a a forward P/E ratio of 13.70.

SmarTrend recommended that its subscribers protect gains by selling shares of Berry Global Gro on January 23rd, 2018 by issuing a Downtrend alert when the shares were trading at $58.40. Since that call, shares of Berry Global Gro have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio myers inds inc aptargroup inc ball corp greif inc-cl a berry global gro

Ticker(s): MYE ATR BLL GEF BERY