Tempur-Pedic International has the Highest P/E Ratio in the Home Furnishings Industry (TPX, LEG, ETH, MHK, LZB)
Below are the three companies in the Home Furnishings industry with the highest 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.
Tempur-Pedic International ranks highest with a a P/E ratio of 23.87. Following is Leggett & Platt with a a P/E ratio of 23.15. Ethan Allen Interiors ranks third highest with a a P/E ratio of 22.43.
Mohawk Industries follows with a a P/E ratio of 21.08, and La-Z-Boy rounds out the top five with a a P/E ratio of 18.87.
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Keywords: highest p/e ratio tempur-pedic international leggett & platt ethan allen interiors mohawk industries la-z-boy