Shares of Huntsman Rank the Lowest in Terms of Forward P/E Ratio in the Diversified Chemicals Industry (HUN, EMN, OLN, DOW, DD)
Below are the three companies in the Diversified Chemicals industry with the lowest 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.
Huntsman ranks lowest with a a forward P/E ratio of 6.77. Following is Eastman Chemical with a a forward P/E ratio of 9.55. Olin ranks third lowest with a a forward P/E ratio of 13.82.
Dow Chemical follows with a a forward P/E ratio of 15.30, and EI Du Pont de Nemours rounds out the bottom five with a a forward P/E ratio of 20.66.
SmarTrend recommended that subscribers consider buying shares of Huntsman on February 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $10.21. Since that recommendation, shares of Huntsman have risen 42.3%. We continue to monitor Huntsman for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio Huntsman Eastman Chemical olin Dow Chemical ei du pont de nemours