Relatively Low Price to Book Ratio Detected in Shares of Icahn Enterprises in the Industrial Conglomerates Industry (IEP, RAVN, GE, CSL, DHR)
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 1.37. Following is Raven Industries with a a price to book ratio of 2.71. General Electric ranks third lowest with a a price to book ratio of 2.72.
Carlisle Cos follows with a a price to book ratio of 2.76, and Danaher rounds out the bottom five with a a price to book ratio of 2.91.
SmarTrend recommended that subscribers consider buying shares of Danaher on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $87.04. Since that recommendation, shares of Danaher have risen 12.9%. We continue to monitor Danaher for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio Icahn Enterprises raven industries General Electric carlisle cos danaher