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Shares of Arc Document Sol Rank the Highest in Terms of Forward P/E Ratio in the Office Services & Supplies Industry (ARC, MSA, SCS, ESND, MLHR)

By Shiri Gupta

Below are the three companies in the Office Services & Supplies 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.

Arc Document Sol ranks highest with a a forward P/E ratio of 23.60. Msa Safety Inc is next with a a forward P/E ratio of 20.18. Steelcase Inc-A ranks third highest with a a forward P/E ratio of 14.92.

Essendant Inc follows with a a forward P/E ratio of 13.91, and Herman Miller rounds out the top five with a a forward P/E ratio of 13.63.

SmarTrend recommended that subscribers consider buying shares of Herman Miller on January 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $32.98. Since that recommendation, shares of Herman Miller have risen 10.2%. We continue to monitor Herman Miller for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio arc document sol msa safety inc steelcase inc-a essendant inc herman miller

Ticker(s): ARC MSA SCS ESND MLHR