Newell Rubbermaid has the Highest Forward P/E Ratio in the Housewares & Specialties Industry (NWL, JAH, TUP, LCUT, LBY)
Below are the three companies in the Housewares & Specialties 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.
Newell Rubbermaid ranks highest with a a forward P/E ratio of 20.03. Jarden is next with a a forward P/E ratio of 18.51. Tupperware Brands ranks third highest with a a forward P/E ratio of 11.90.
Lifetime Brands follows with a a forward P/E ratio of 11.82, and Libbey rounds out the top five with a a forward P/E ratio of 8.23.
SmarTrend recommended that subscribers consider buying shares of Newell Rubbermaid on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $38.35. Since that recommendation, shares of Newell Rubbermaid have risen 24.5%. We continue to monitor Newell Rubbermaid for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio newell rubbermaid jarden tupperware brands lifetime brands amex:lby libbey