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Shares of Calgon Carbon Rank the Highest in Terms of Forward P/E Ratio in the Commodity Chemicals Industry (CCC, CBT, TROX, LYB, KOP)

By Amy Schwartz

Below are the three companies in the Commodity Chemicals 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.

Calgon Carbon ranks highest with a a forward P/E ratio of 22.55. Following is Cabot Corp with a a forward P/E ratio of 9.84. Tronox Ltd-Cl A ranks third highest with a a forward P/E ratio of 9.38.

Lyondellbasell-A follows with a a forward P/E ratio of 8.40, and Koppers Holdings rounds out the top five with a a forward P/E ratio of 7.91.

SmarTrend recommended that its subscribers protect gains by selling shares of Koppers Holdings on December 3rd, 2019 by issuing a Downtrend alert when the shares were trading at $35.77. Since that call, shares of Koppers Holdings have fallen 4.1%. 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 calgon carbon cabot corp tronox ltd-cl a lyondellbasell-a koppers holdings