• Return to Headlines

Relatively High Forward P/E Ratio Detected in Shares of Pool Corp in the Distributors Industry (POOL, CORE, WEYS, GPC, LKQ)

By David Diaz

Below are the three companies in the 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.

Pool Corp ranks highest with a a forward P/E ratio of 25.17. Following is Core-Mark Holdin with a a forward P/E ratio of 21.59. Weyco Group ranks third highest with a a forward P/E ratio of 18.95.

Genuine Parts Co follows with a a forward P/E ratio of 15.89, and Lkq Corp rounds out the top five with a a forward P/E ratio of 15.58.

SmarTrend recommended that subscribers consider buying shares of Lkq Corp on April 26th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $30.13. Since that recommendation, shares of Lkq Corp have risen 8.0%. We continue to monitor Lkq Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio pool corp core-mark holdin weyco group genuine parts co nasdaq:lkq lkq corp