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Shares of Tempur Sealy Int Rank the Highest in Terms of P/E Ratio in the Home Furnishings Industry (TPX, LZB, LEG, ETH, BSET)

By David Diaz

Below are the three companies in the Home Furnishings industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Tempur Sealy Int ranks highest with a a P/E ratio of 30.66. Following is La-Z-Boy Inc with a a P/E ratio of 19.49. Leggett & Platt ranks third highest with a a P/E ratio of 18.85.

Ethan Allen follows with a a P/E ratio of 15.01, and Bassett Furn rounds out the top five with a a P/E ratio of 10.31.

SmarTrend is tracking the current trend status for Bassett Furn and will alert subscribers who have BSET in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio tempur sealy int la-z-boy inc leggett & platt ethan allen bassett furn