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Highest P/E Ratio in the Automotive Retail Industry Detected in Shares of Monro Muffler (MNRO, ORLY, AAP, KMX, AZO)

By Shiri Gupta

Below are the three companies in the Automotive Retail industry with the highest 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.

Monro Muffler ranks highest with a a P/E ratio of 26.65. Following is O'Reilly Automotive with a a P/E ratio of 23.84. Advance Auto Parts ranks third highest with a a P/E ratio of 21.30.

Carmax follows with a a P/E ratio of 18.66, and AutoZone rounds out the top five with a a P/E ratio of 16.59.

SmarTrend recommended that its subscribers protect gains by selling shares of AutoZone on January 19th, 2017 by issuing a Downtrend alert when the shares were trading at $771.74. Since that call, shares of AutoZone have fallen 8.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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