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Msa Safety Inc has the Highest Forward P/E Ratio in the Office Services & Supplies Industry (MSA, TILE, SCS, MLHR, HNI)

By Nick Russo

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.

Msa Safety Inc ranks highest with a a forward P/E ratio of 18.20. Following is Interface Inc with a a forward P/E ratio of 15.94. Steelcase Inc-A ranks third highest with a a forward P/E ratio of 14.29.

Herman Miller follows with a a forward P/E ratio of 12.31, and Hni Corp rounds out the top five with a a forward P/E ratio of 10.99.

SmarTrend recommended that its subscribers protect gains by selling shares of Herman Miller on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $36.92. Since that call, shares of Herman Miller have fallen 12.3%. 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 msa safety inc interface inc steelcase inc-a herman miller hni corp

Ticker(s): MSA TILE SCS MLHR HNI