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Shares of Tfs Financial Co Rank the Highest in Terms of Forward P/E Ratio in the Thrifts & Mortgage Finance Industry (TFSL, TREE, AF, KRNY, BNCL)

By Amy Schwartz

Below are the three companies in the Thrifts & Mortgage Finance 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.

Tfs Financial Co ranks highest with a a forward P/E ratio of 46.28. Following is Lendingtree Inc with a a forward P/E ratio of 45.99. Astoria Finl ranks third highest with a a forward P/E ratio of 38.39.

Kearny Financial follows with a a forward P/E ratio of 31.31, and Beneficial Banco rounds out the top five with a a forward P/E ratio of 30.02.

SmarTrend recommended that subscribers consider buying shares of Astoria Finl on November 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.76. Since that recommendation, shares of Astoria Finl have risen 36.4%. We continue to monitor Astoria Finl for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio tfs financial co lendingtree inc :af astoria finl kearny financial beneficial banco

Ticker(s): TFSL TREE KRNY BNCL