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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, USCR)

By Shiri Gupta

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 24.73. Martin Mar Mtls is next with a a forward P/E ratio of 20.11. Eagle Materials ranks third highest with a a forward P/E ratio of 11.35.

Summit Materia-A follows with a a forward P/E ratio of 9.89, and Us Concrete Inc rounds out the top five with a a forward P/E ratio of 8.87.

SmarTrend recommended that subscribers consider buying shares of Vulcan Materials on January 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $102.77. Since that recommendation, shares of Vulcan Materials have risen 32.1%. We continue to monitor Vulcan Materials 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 us concrete inc