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Lowest P/E Ratio in the Industrial Conglomerates Industry Detected in Shares of General Electric (GE, MMM, HON, CSL, RAVN)

By Shiri Gupta

Below are the three companies in the Industrial Conglomerates 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.

General Electric ranks lowest with a a P/E ratio of 8.78. 3M Co is next with a a P/E ratio of 18.09. Honeywell Intl ranks third lowest with a a P/E ratio of 20.27.

Carlisle Cos Inc follows with a a P/E ratio of 27.18, and Raven Industries rounds out the bottom five with a a P/E ratio of 29.58.

SmarTrend is monitoring the recent change of momentum in General Electric. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of General Electric in search of a potential trend change.

Keywords: lowest p/e ratio General Electric 3m co honeywell intl carlisle cos inc raven industries