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Highest Forward P/E Ratio in the Technology Distributors Industry Detected in Shares of Cdw Corp/De (CDW, PLUS, NSIT, SYX, AVT)

By Shiri Gupta

Below are the three companies in the Technology Distributors 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.

Cdw Corp/De ranks highest with a a forward P/E ratio of 21.86. Following is Eplus Inc with a a forward P/E ratio of 14.62. Insight Enterpri ranks third highest with a a forward P/E ratio of 12.24.

Systemax Inc follows with a a forward P/E ratio of 11.31, and Avnet Inc rounds out the top five with a a forward P/E ratio of 10.86.

SmarTrend recommended that its subscribers protect gains by selling shares of Systemax Inc on December 21st, 2018 by issuing a Downtrend alert when the shares were trading at $24.58. Since that call, shares of Systemax Inc have fallen 12.6%. 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 cdw corp/de eplus inc insight enterpri systemax inc avnet inc