• Return to Headlines

Lendingtree Inc has the Highest Forward P/E Ratio in the Thrifts & Mortgage Finance Industry (TREE, TFSL, CSBK, AF, KRNY)

By David Diaz

Below are the three companies in the Thrifts & Mortgage Finance 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.

Lendingtree Inc ranks highest with a a forward P/E ratio of 42.83. Following is Tfs Financial Co with a a forward P/E ratio of 40.54. Clifton Bancorp ranks third highest with a a forward P/E ratio of 39.13.

Astoria Finl follows with a a forward P/E ratio of 38.39, and Kearny Financial rounds out the top five with a a forward P/E ratio of 32.26.

SmarTrend recommended that its subscribers protect gains by selling shares of Kearny Financial on November 9th, 2017 by issuing a Downtrend alert when the shares were trading at $14.20. Since that call, shares of Kearny Financial have fallen 6.9%. 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 lendingtree inc tfs financial co clifton bancorp :af astoria finl kearny financial

Ticker(s): TREE TFSL CSBK KRNY