Titan Machinery is Among the Companies in the Trading Companies & Distributors Industry With the Highest Forward P/E Ratio (TITN, LAWS, WSO, FAST, BECN)
Below are the three companies in the Trading Companies & Distributors 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.
Titan Machinery ranks highest with a a forward P/E ratio of 41.74. Following is Lawson Products with a a forward P/E ratio of 27.88. Watsco ranks third highest with a a forward P/E ratio of 25.20.
Fastenal follows with a a forward P/E ratio of 23.16, and Beacon Roofing Supply rounds out the top five with a a forward P/E ratio of 21.71.
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Keywords: highest forward p/e ratio titan machinery lawson products Watsco Fastenal beacon roofing supply