Top 5 Companies in the Environmental & Facilities Services Industry With the Lowest P/E Ratio (TRR, TISI, SRCL, ABM, TTEK)
Below are the three companies in the Environmental & Facilities Services industry with the lowest 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.
TRC Cos ranks lowest with a a P/E ratio of 13.08. Following is Team with a a P/E ratio of 15.60. Stericycle ranks third lowest with a a P/E ratio of 17.43.
ABM Industries follows with a a P/E ratio of 21.37, and Tetra Tech rounds out the bottom five with a a P/E ratio of 21.54.
SmarTrend recommended that subscribers consider buying shares of Tetra Tech on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $26.09. Since that recommendation, shares of Tetra Tech have risen 35.4%. We continue to monitor Tetra Tech for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest p/e ratio trc cos stericycle abm industries Tetra Tech