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

By David Diaz

Below are the three companies in the Home Furnishings 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.

Tempur Sealy Int ranks highest with a a P/E ratio of 35.65. Leggett & Platt is next with a a P/E ratio of 24.40. La-Z-Boy Inc ranks third highest with a a P/E ratio of 22.02.

Ethan Allen follows with a a P/E ratio of 15.54, and Bassett Furn rounds out the top five with a a P/E ratio of 12.89.

SmarTrend is tracking the current trend status for Tempur Sealy Int and will alert subscribers who have TPX in their portfolio or watchlist when shares have changed trend direction.

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