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Top 5 Companies in the Home Furnishings Industry With the Highest Forward P/E Ratio (LEG, MHK, BSET, LZB, ETH)

By David Diaz

Below are the three companies in the Home Furnishings 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.

Leggett & Platt ranks highest with a a forward P/E ratio of 14.56. Mohawk Inds is next with a a forward P/E ratio of 13.78. Bassett Furn ranks third highest with a a forward P/E ratio of 13.34.

La-Z-Boy Inc follows with a a forward P/E ratio of 13.29, and Ethan Allen rounds out the top five with a a forward P/E ratio of 12.07.

SmarTrend recommended that its subscribers protect gains by selling shares of Ethan Allen on January 10th, 2018 by issuing a Downtrend alert when the shares were trading at $27.33. Since that call, shares of Ethan Allen have fallen 18.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio leggett & platt mohawk inds bassett furn la-z-boy inc ethan allen