• Return to Headlines

Relatively High P/E Ratio Detected in Shares of Monro Muffler in the Automotive Retail Industry (MNRO, ORLY, AZO, AAP, KMX)

By James Quinn

Below are the three companies in the Automotive Retail industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Monro Muffler ranks highest with a a P/E ratio of 34.81. Following is O'Reilly Automotive with a a P/E ratio of 31.76. AutoZone ranks third highest with a a P/E ratio of 22.50.

Advance Auto Parts follows with a a P/E ratio of 20.85, and Carmax rounds out the top five with a a P/E ratio of 18.26.

SmarTrend is monitoring the recent change of momentum in Carmax. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Carmax in search of a potential trend change.

Keywords: highest p/e ratio monro muffler o'reilly automotive AutoZone Advance Auto Parts CarMax