Lowest Forward P/E Ratio in the Air Freight & Logistics Industry Detected in Shares of Park-Ohio Holdings (PKOH, AAWW, FDX, ECHO, FWRD)
Below are the three companies in the Air Freight & Logistics industry with the lowest 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.
Park-Ohio Holdings ranks lowest with a a forward P/E ratio of 6.42. Following is Atlas Air Worldwide Holdings with a a forward P/E ratio of 8.68. FedEx ranks third lowest with a a forward P/E ratio of 13.14.
Echo Global Logistics follows with a a forward P/E ratio of 17.62, and Forward Air rounds out the bottom five with a a forward P/E ratio of 17.99.
SmarTrend recommended that subscribers consider buying shares of Park-Ohio Holdings on May 27th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $30.01. Since that recommendation, shares of Park-Ohio Holdings have risen 3.3%. We continue to monitor Park-Ohio Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio park-ohio holdings atlas air worldwide holdings FedEx Echo Global Logistics forward air