Shares of Cash America Rank the Highest in Terms of Forward P/E Ratio in the Consumer Finance Industry (CSH, FCFS, AXP, CACC, SLM)
Below are the three companies in the Consumer Finance 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.
Cash America ranks highest with a a forward P/E ratio of 27.96. Following is First Cash Financial Services with a a forward P/E ratio of 16.99. American Express ranks third highest with a a forward P/E ratio of 11.78.
Credit Acceptance follows with a a forward P/E ratio of 11.01, and SLM rounds out the top five with a a forward P/E ratio of 9.53.
SmarTrend recommended that subscribers consider buying shares of Cash America on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $31.01. Since that recommendation, shares of Cash America have risen 22.7%. We continue to monitor Cash America for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio cash america first cash financial services american express credit acceptance