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Highest P/E Ratio in the Diversified Support Services Industry Detected in Shares of Healthcare Services (HCSG, RBA, CTAS, MINI, CPRT)

By Amy Schwartz

Below are the three companies in the Diversified Support Services 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.

Healthcare Services ranks highest with a a P/E ratio of 42.05. Ritchie Bros Auctioneers is next with a a P/E ratio of 26.94. Cintas ranks third highest with a a P/E ratio of 26.38.

Mobile Mini follows with a a P/E ratio of 25.73, and Copart rounds out the top five with a a P/E ratio of 25.71.

SmarTrend recommended that subscribers consider buying shares of Copart on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $35.79. Since that recommendation, shares of Copart have risen 20.7%. We continue to monitor Copart for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio healthcare services ritchie bros auctioneers Cintas mobile mini copart