Relatively Low Price to Book Ratio Detected in Shares of Icahn Enterprises in the Industrial Conglomerates Industry (IEP, DHR, GE, CSL, RAVN)
Below are the three companies in the Industrial Conglomerates industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Icahn Enterprises ranks lowest with a a price to book ratio of 1.41. Danaher is next with a a price to book ratio of 2.40. General Electric ranks third lowest with a a price to book ratio of 2.83.
Carlisle Cos follows with a a price to book ratio of 2.88, and Raven Industries rounds out the bottom five with a a price to book ratio of 2.88.
SmarTrend recommended that subscribers consider buying shares of Raven Industries on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.63. Since that recommendation, shares of Raven Industries have risen 34.0%. We continue to monitor Raven Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio Icahn Enterprises danaher General Electric carlisle cos raven industries