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Relatively Low P/E Ratio Detected in Shares of Owens-Illinois in the Metal & Glass Containers Industry (OI, GEF, BERY, CCK, SLGN)

By James Quinn

Below are the three companies in the Metal & Glass Containers industry with the lowest 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.

Owens-Illinois ranks lowest with a a P/E ratio of 3.98. Following is Greif Inc-Cl A with a a P/E ratio of 8.77. Berry Global Gro ranks third lowest with a a P/E ratio of 12.68.

Crown Holdings I follows with a a P/E ratio of 15.73, and Silgan Holdings rounds out the bottom five with a a P/E ratio of 16.95.

SmarTrend recommended that its subscribers protect gains by selling shares of Owens-Illinois on August 1st, 2019 by issuing a Downtrend alert when the shares were trading at $13.78. Since that call, shares of Owens-Illinois have fallen 22.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio owens-illinois greif inc-cl a berry global gro crown holdings i silgan holdings