Shares of Clearwater Paper Rank the Highest in Terms of P/E Ratio in the Paper Products Industry (CLW, NP, GLT, IP, SWM)
Below are the three companies in the Paper Products industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
Clearwater Paper ranks highest with a a P/E ratio of 19.07. Following is Neenah Paper with a a P/E ratio of 16.60. Glatfelter ranks third highest with a a P/E ratio of 16.58.
International Paper follows with a a P/E ratio of 15.14, and Schweitzer-Mauduit International rounds out the top five with a a P/E ratio of 11.64.
SmarTrend recommended that subscribers consider buying shares of Schweitzer-Mauduit International on April 27th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.58. Since that recommendation, shares of Schweitzer-Mauduit International have risen 14.9%. We continue to monitor Schweitzer-Mauduit International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest p/e ratio clearwater paper neenah paper glatfelter International Paper schweitzer-mauduit international