Relatively Low Forward P/E Ratio Detected in Shares of UFP Technologies in the Paper Packaging Industry (UFPT, PKG, GPK, SEE, BMS)
Below are the three companies in the Paper Packaging industry with the lowest 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.
UFP Technologies ranks lowest with a a forward P/E ratio of 14.64. Following is Packaging of America with a a forward P/E ratio of 15.80. Graphic Packaging Holding ranks third lowest with a a forward P/E ratio of 17.60.
Sealed Air follows with a a forward P/E ratio of 18.45, and Bemis rounds out the bottom five with a a forward P/E ratio of 18.95.
SmarTrend recommended that subscribers consider buying shares of Packaging of America on July 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $70.21. Since that recommendation, shares of Packaging of America have risen 9.0%. We continue to monitor Packaging of America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
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