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Shares of Tenneco Inc Rank the Lowest in Terms of P/E Ratio in the Auto Parts & Equipment Industry (TEN, AXL, CPS, DLPH, HZN)

By David Diaz

Below are the three companies in the Auto Parts & Equipment industry with the lowest 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.

Tenneco Inc ranks lowest with a a P/E ratio of 1.77. Amer Axle & Mfg is next with a a P/E ratio of 2.40. Cooper-Standard ranks third lowest with a a P/E ratio of 2.93.

Delphi Automotiv follows with a a P/E ratio of 2.96, and Horizon Global rounds out the bottom five with a a P/E ratio of 5.37.

SmarTrend is monitoring the recent change of momentum in Tenneco Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Tenneco Inc in search of a potential trend change.

Keywords: lowest p/e ratio tenneco inc amer axle & mfg cooper-standard delphi automotiv horizon global