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Lowest P/E Ratio in the Home Furnishings Industry Detected in Shares of Flexsteel Inds (FLXS, BSET, HOFT, MHK, ETH)

By Amy Schwartz

Below are the three companies in the Home Furnishings industry with the lowest 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.

Flexsteel Inds ranks lowest with a a P/E ratio of 5.93. Bassett Furn is next with a a P/E ratio of 8.26. Hooker Furniture ranks third lowest with a a P/E ratio of 8.69.

Mohawk Inds follows with a a P/E ratio of 9.67, and Ethan Allen rounds out the bottom five with a a P/E ratio of 11.68.

SmarTrend is tracking the current trend status for Flexsteel Inds and will alert subscribers who have FLXS in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest p/e ratio flexsteel inds bassett furn hooker furniture mohawk inds ethan allen