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Highest Forward P/E Ratio in the Housewares & Specialties Industry Detected in Shares of Newell Brands In (NWL, LCUT, CSS, LBY, TUP)

By Shiri Gupta

Below are the three companies in the Housewares & Specialties 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.

Newell Brands In ranks highest with a a forward P/E ratio of 7.19. Following is Lifetime Brands with a a forward P/E ratio of 3.79. Css Industries ranks third highest with a a forward P/E ratio of 3.09.

Libbey Inc follows with a a forward P/E ratio of 2.14, and Tupperware Brand rounds out the top five with a a forward P/E ratio of 1.79.

SmarTrend recommended that its subscribers protect gains by selling shares of Tupperware Brand on October 30th, 2019 by issuing a Downtrend alert when the shares were trading at $11.55. Since that call, shares of Tupperware Brand have fallen 30.1%. 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 newell brands in lifetime brands css industries amex:lby libbey inc tupperware brand