Top 5 Companies in the Metal & Glass Containers Industry With the Lowest Forward P/E Ratio (OI, CCK, GEF, SLGN, MYE)
Below are the three companies in the Metal & Glass Containers industry with the lowest 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.
Owens-Illinois ranks lowest with a a forward P/E ratio of 7.59. Crown Holdings is next with a a forward P/E ratio of 13.37. Greif ranks third lowest with a a forward P/E ratio of 15.99.
Silgan Holdings follows with a a forward P/E ratio of 16.46, and Myers Industries rounds out the bottom five with a a forward P/E ratio of 16.66.
SmarTrend recommended that subscribers consider buying shares of Owens-Illinois on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $14.01. Since that recommendation, shares of Owens-Illinois have risen 31.5%. We continue to monitor Owens-Illinois for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio owens-illinois crown holdings greif silgan holdings myers industries