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Shares of Tempur Sealy Int Rank the Highest in Terms of Forward P/E Ratio in the Home Furnishings Industry (TPX, LEG, LZB, ETH, MHK)

By James Quinn

Below are the three companies in the Home Furnishings 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.

Tempur Sealy Int ranks highest with a a forward P/E ratio of 20.85. Following is Leggett & Platt with a a forward P/E ratio of 17.81. La-Z-Boy Inc ranks third highest with a a forward P/E ratio of 16.60.

Ethan Allen follows with a a forward P/E ratio of 11.54, and Mohawk Inds rounds out the top five with a a forward P/E ratio of 8.41.

SmarTrend is tracking the current trend status for Tempur Sealy Int and will alert subscribers who have TPX in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest forward p/e ratio tempur sealy int leggett & platt la-z-boy inc ethan allen mohawk inds

Ticker(s): TPX LEG LZB ETH MHK