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Vulcan Materials has the Highest Forward P/E Ratio in the Construction Materials Industry (VMC, MLM, EXP, USCR, SUM)

By Nick Russo

Below are the three companies in the Construction Materials 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.

Vulcan Materials ranks highest with a a forward P/E ratio of 24.15. Martin Mar Mtls is next with a a forward P/E ratio of 19.89. Eagle Materials ranks third highest with a a forward P/E ratio of 11.66.

Us Concrete Inc follows with a a forward P/E ratio of 8.24, and Summit Materia-A rounds out the top five with a a forward P/E ratio of 8.17.

SmarTrend recommended that subscribers consider buying shares of Eagle Materials on March 29th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $82.35. Since that recommendation, shares of Eagle Materials have risen 6.6%. We continue to monitor Eagle Materials for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio Vulcan Materials martin mar mtls eagle materials us concrete inc summit materia-a