Relatively High Forward P/E Ratio Detected in Shares of Innerworkings in the Commercial Printing Industry (INWK, BRC, LABL, DLX, EBF)
Below are the three companies in the Commercial Printing 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.
Innerworkings ranks highest with a a forward P/E ratio of 24.64. Following is Brady with a a forward P/E ratio of 21.54. Multi-Color ranks third highest with a a forward P/E ratio of 16.69.
Deluxe follows with a a forward P/E ratio of 13.91, and Ennis rounds out the top five with a a forward P/E ratio of 10.76.
SmarTrend recommended that subscribers consider buying shares of Multi-Color on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $50.25. Since that recommendation, shares of Multi-Color have risen 30.1%. We continue to monitor Multi-Color for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio InnerWorkings brady multi-color deluxe ennis