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Shares of Chegg Inc Rank the Highest in Terms of Forward P/E Ratio in the Education Services Industry (CHGG, LRN, BFAM, STRA, ABCD)

By Shiri Gupta

Below are the three companies in the Education Services 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.

Chegg Inc ranks highest with a a forward P/E ratio of 73.61. Following is K12 Inc with a a forward P/E ratio of 44.38. Bright Horizons ranks third highest with a a forward P/E ratio of 43.55.

Strayer Educatio follows with a a forward P/E ratio of 39.30, and Cambium Learning rounds out the top five with a a forward P/E ratio of 30.81.

SmarTrend recommended that its subscribers protect gains by selling shares of K12 Inc on April 24th, 2019 by issuing a Downtrend alert when the shares were trading at $32.96. Since that call, shares of K12 Inc have fallen 15.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio chegg inc k12 inc bright horizons strayer educatio cambium learning