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Shares of Vulcan Materials Rank the Highest in Terms of Forward P/E Ratio in the Construction Materials Industry (VMC, MLM, EXP, SUM, HW)

By David Diaz

Below are the three companies in the Construction Materials 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.

Vulcan Materials ranks highest with a a forward P/E ratio of 20.28. Following is Martin Mar Mtls with a a forward P/E ratio of 18.28. Eagle Materials ranks third highest with a a forward P/E ratio of 15.01.

Summit Materia-A follows with a a forward P/E ratio of 14.75, and Headwaters Inc rounds out the top five with a a forward P/E ratio of 14.30.

SmarTrend recommended that subscribers consider buying shares of Headwaters Inc on November 9th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $18.88. Since that recommendation, shares of Headwaters Inc have risen 28.4%. We continue to monitor Headwaters Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio Vulcan Materials martin mar mtls eagle materials summit materia-a :hw headwaters inc

Ticker(s): VMC MLM EXP SUM