Mine Safety Appliances is Among the Companies in the Office Services & Supplies Industry With the Highest Forward P/E Ratio (MSA, HNI, KNL, MLHR, SCS)
Below are the three companies in the Office Services & Supplies 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.
Mine Safety Appliances ranks highest with a a forward P/E ratio of 19.91. Following is HNI with a a forward P/E ratio of 17.94. Knoll ranks third highest with a a forward P/E ratio of 15.31.
Herman Miller follows with a a forward P/E ratio of 14.14, and Steelcase rounds out the top five with a a forward P/E ratio of 10.66.
SmarTrend recommended that subscribers consider buying shares of Mine Safety Appliances on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $41.97. Since that recommendation, shares of Mine Safety Appliances have risen 33.5%. We continue to monitor Mine Safety Appliances for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio mine safety appliances knoll herman miller steelcase