Highest Forward P/E Ratio in the Paper Products Industry Detected in Shares of Wausau Paper (WPP, NP, CLW, GLT, IP)
Below are the three companies in the Paper Products 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.
Wausau Paper ranks highest with a a forward P/E ratio of 34.13. Neenah Paper is next with a a forward P/E ratio of 19.29. Clearwater Paper ranks third highest with a a forward P/E ratio of 15.29.
Glatfelter follows with a a forward P/E ratio of 13.88, and International Paper rounds out the top five with a a forward P/E ratio of 12.01.
SmarTrend recommended that subscribers consider buying shares of Wausau Paper on October 9th, 2015 as our technology indicated a new Uptrend was in progress when shares hit $7.34. Since that recommendation, shares of Wausau Paper have risen 39.5%. We continue to monitor Wausau Paper for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio wausau paper neenah paper clearwater paper glatfelter International Paper