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Relatively High Forward P/E Ratio Detected in Shares of Wd-40 Co in the Household Products Industry (WDFC, CHD, PG, CLX, CL)

By James Quinn

Below are the three companies in the Household Products 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.

Wd-40 Co ranks highest with a a forward P/E ratio of 41.06. Following is Church & Dwight with a a forward P/E ratio of 31.83. Procter & Gamble ranks third highest with a a forward P/E ratio of 25.92.

Clorox Co follows with a a forward P/E ratio of 24.61, and Colgate-Palmoliv rounds out the top five with a a forward P/E ratio of 20.63.

SmarTrend recommended that subscribers consider buying shares of Procter & Gamble on January 23rd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $95.02. Since that recommendation, shares of Procter & Gamble have risen 23.4%. We continue to monitor Procter & Gamble for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio wd-40 co church & dwight Procter & Gamble clorox co colgate-palmoliv