Shares of WD-40 Rank the Highest in Terms of Forward P/E Ratio in the Household Products Industry (WDFC, CHD, CLX, CL, CENT)
Below are the three companies in the Household Products 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.
WD-40 ranks highest with a a forward P/E ratio of 31.00. Following is Church & Dwight with a a forward P/E ratio of 27.48. Clorox ranks third highest with a a forward P/E ratio of 25.47.
Colgate-Palmolive follows with a a forward P/E ratio of 24.14, and Central Garden and Pet rounds out the top five with a a forward P/E ratio of 22.70.
SmarTrend recommended that subscribers consider buying shares of Central Garden and Pet on February 3rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.82. Since that recommendation, shares of Central Garden and Pet have risen 25.6%. We continue to monitor Central Garden and Pet for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio WD-40 church & dwight Clorox Colgate-Palmolive central garden and pet