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Relatively High Forward P/E Ratio Detected in Shares of Tempur Sealy Int in the Home Furnishings Industry (TPX, LZB, LEG, ETH, MHK)

By Amy Schwartz

Below are the three companies in the Home Furnishings 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.

Tempur Sealy Int ranks highest with a a forward P/E ratio of 18.31. Following is La-Z-Boy Inc with a a forward P/E ratio of 14.31. Leggett & Platt ranks third highest with a a forward P/E ratio of 12.53.

Ethan Allen follows with a a forward P/E ratio of 10.82, and Mohawk Inds rounds out the top five with a a forward P/E ratio of 6.57.

SmarTrend recommended that subscribers consider buying shares of Tempur Sealy Int on May 28th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $64.83. Since that recommendation, shares of Tempur Sealy Int have risen 22.4%. We continue to monitor Tempur Sealy Int for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio tempur sealy int la-z-boy inc leggett & platt ethan allen mohawk inds

Ticker(s): TPX LZB LEG ETH MHK