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Relatively High Forward P/E Ratio Detected in Shares of Vulcan Materials in the Construction Materials Industry (VMC, MLM, EXP, SUM, USCR)

By Amy Schwartz

Below are the three companies in the Construction Materials 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.

Vulcan Materials ranks highest with a a forward P/E ratio of 25.34. Following is Martin Mar Mtls with a a forward P/E ratio of 22.09. Eagle Materials ranks third highest with a a forward P/E ratio of 10.94.

Summit Materia-A follows with a a forward P/E ratio of 9.78, and Us Concrete Inc rounds out the top five with a a forward P/E ratio of 8.15.

SmarTrend recommended that subscribers consider buying shares of Martin Mar Mtls on January 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $178.83. Since that recommendation, shares of Martin Mar Mtls have risen 40.6%. We continue to monitor Martin Mar Mtls for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio Vulcan Materials martin mar mtls eagle materials summit materia-a us concrete inc

Ticker(s): VMC MLM EXP SUM USCR