Shares of Pointer Telocation Rank the Lowest in Terms of Forward P/E Ratio in the Diversified Support Services Industry (PNTR, MATW, VVI, MGRC, UNF)
Below are the three companies in the Diversified Support Services 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.
Pointer Telocation ranks lowest with a a forward P/E ratio of 5.64. Matthews International is next with a a forward P/E ratio of 14.54. Viad ranks third lowest with a a forward P/E ratio of 14.78.
McGrath RentCorp follows with a a forward P/E ratio of 15.33, and UniFirst rounds out the bottom five with a a forward P/E ratio of 18.59.
SmarTrend recommended that subscribers consider buying shares of UniFirst on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $105.20. Since that recommendation, shares of UniFirst have risen 5.8%. We continue to monitor UniFirst for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio pointer telocation matthews international viad mcgrath rentcorp unifirst