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Roper Technologi is Among the Companies in the Industrial Conglomerates Industry With the Highest Forward P/E Ratio (ROP, RAVN, MMM, HON, CSL)

By Nick Russo

Below are the three companies in the Industrial Conglomerates industry with the highest 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.

Roper Technologi ranks highest with a a forward P/E ratio of 27.35. Raven Industries is next with a a forward P/E ratio of 22.18. 3M Co ranks third highest with a a forward P/E ratio of 18.29.

Honeywell Intl follows with a a forward P/E ratio of 17.76, and Carlisle Cos Inc rounds out the top five with a a forward P/E ratio of 17.69.

SmarTrend recommended that subscribers consider buying shares of Carlisle Cos Inc on January 2nd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $100.11. Since that recommendation, shares of Carlisle Cos Inc have risen 22.2%. We continue to monitor Carlisle Cos Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio roper technologi raven industries 3m co honeywell intl carlisle cos inc

Ticker(s): ROP RAVN MMM HON CSL