Shares of Interactive Brokers Rank the Highest in Terms of Forward P/E Ratio in the Investment Banking & Brokerage Industry (IBKR, SCHW, GFIG, ETFC, AMTD)
Below are the three companies in the Investment Banking & Brokerage 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.
Interactive Brokers ranks highest with a a forward P/E ratio of 22.68. Following is Charles Schwab with a a forward P/E ratio of 22.60. GFI Group ranks third highest with a a forward P/E ratio of 21.96.
E*Trade Financial follows with a a forward P/E ratio of 17.32, and TD Ameritrade Holding rounds out the top five with a a forward P/E ratio of 16.45.
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Keywords: highest forward p/e ratio interactive brokers Charles Schwab gfi group e*trade financial td ameritrade holding