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Relatively High Forward P/E Ratio Detected in Shares of Lawson Products in the Trading Companies & Distributors Industry (LAWS, DNOW, TITN, WSO, DXPE)

By Shiri Gupta

Below are the three companies in the Trading Companies & Distributors 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.

Lawson Products ranks highest with a a forward P/E ratio of 35.29. Following is Now Inc with a a forward P/E ratio of 24.96. Titan Machinery ranks third highest with a a forward P/E ratio of 21.88.

Watsco Inc follows with a a forward P/E ratio of 21.00, and Dxp Enterprises rounds out the top five with a a forward P/E ratio of 18.81.

SmarTrend recommended that subscribers consider buying shares of Lawson Products on April 30th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $32.72. Since that recommendation, shares of Lawson Products have risen 21.0%. We continue to monitor Lawson Products for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio lawson products now inc titan machinery watsco inc dxp enterprises

Ticker(s): LAWS DNOW TITN WSO DXPE