Relatively High P/E Ratio Detected in Shares of TFS Financial in the Thrifts & Mortgage Finance Industry (TFSL, BNCL, CSBK, CHFN, NFBK)
Below are the three companies in the Thrifts & Mortgage Finance 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.
TFS Financial ranks highest with a a P/E ratio of 73.48. Following is Beneficial Mutual Bancorp with a a P/E ratio of 48.48. Clifton Savings Bancorp ranks third highest with a a P/E ratio of 43.56.
Charter Financial follows with a a P/E ratio of 36.51, and Northfield Bancorp rounds out the top five with a a P/E ratio of 33.56.
SmarTrend recommended that subscribers consider buying shares of TFS Financial on March 16th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $17.24. Since that recommendation, shares of TFS Financial have risen 5.1%. We continue to monitor TFS Financial for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest p/e ratio tfs financial beneficial mutual bancorp clifton savings bancorp charter financial northfield bancorp