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Top 5 Companies in the Diversified Support Services Industry With the Highest Forward P/E Ratio (CPRT, CTAS, UNF, MGRC, VVI)

By Amy Schwartz

Below are the three companies in the Diversified Support Services 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.

Copart Inc ranks highest with a a forward P/E ratio of 45.84. Cintas Corp is next with a a forward P/E ratio of 40.31. Unifirst Corp/Ma ranks third highest with a a forward P/E ratio of 29.31.

Mcgrath Rentcorp follows with a a forward P/E ratio of 26.90, and Viad Corp rounds out the top five with a a forward P/E ratio of 22.68.

SmarTrend recommended that subscribers consider buying shares of Mcgrath Rentcorp on June 13th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $60.76. Since that recommendation, shares of Mcgrath Rentcorp have risen 30.8%. We continue to monitor Mcgrath Rentcorp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio copart inc cintas corp unifirst corp/ma mcgrath rentcorp viad corp

Ticker(s): CPRT CTAS UNF MGRC VVI