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Relatively High P/E Ratio Detected in Shares of Willis Lease Finance in the Trading Companies & Distributors Industry (WLFC, BECN, WSO, FAST, MSM)

By David Diaz

Below are the three companies in the Trading Companies & Distributors 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.

Willis Lease Finance ranks highest with a a P/E ratio of 46.23. Following is Beacon Roofing Supply with a a P/E ratio of 35.68. Watsco ranks third highest with a a P/E ratio of 29.54.

Fastenal follows with a a P/E ratio of 25.51, and MSC Industrial Direct rounds out the top five with a a P/E ratio of 19.24.

SmarTrend recommended that subscribers consider buying shares of Watsco on February 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $123.78. Since that recommendation, shares of Watsco have risen 13.8%. We continue to monitor Watsco for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio willis lease finance beacon roofing supply Watsco Fastenal msc industrial direct