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Top 5 Companies in the Trading Companies & Distributors Industry With the Highest Forward P/E Ratio (DNOW, LAWS, TITN, DXPE, FAST)

By David Diaz

Below are the three companies in the Trading Companies & Distributors 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.

Now Inc ranks highest with a a forward P/E ratio of 29.29. Following is Lawson Products with a a forward P/E ratio of 29.09. Titan Machinery ranks third highest with a a forward P/E ratio of 24.61.

Dxp Enterprises follows with a a forward P/E ratio of 23.66, and Fastenal Co rounds out the top five with a a forward P/E ratio of 22.78.

SmarTrend recommended that subscribers consider buying shares of Fastenal Co on January 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $53.97. Since that recommendation, shares of Fastenal Co have risen 16.1%. We continue to monitor Fastenal Co for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio now inc lawson products titan machinery dxp enterprises fastenal co

Ticker(s): DNOW LAWS TITN DXPE FAST