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Top 5 Companies in the Industrial Conglomerates Industry With the Highest PEG Ratio (RAVN, GE, MMM, ROP, DHR)

By Nick Russo

Below are the three companies in the Industrial Conglomerates industry with the highest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

Raven Industries ranks highest with a a PEG ratio of 3.73. General Electric is next with a a PEG ratio of 2.92. 3M ranks third highest with a a PEG ratio of 2.43.

Roper Industries follows with a a PEG ratio of 2.10, and Danaher rounds out the top five with a a PEG ratio of 1.76.

SmarTrend recommended that subscribers consider buying shares of Raven Industries on March 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $15.63. Since that recommendation, shares of Raven Industries have risen 16.5%. We continue to monitor Raven Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest peg ratio raven industries General Electric 3M roper industries danaher