CHANNELS

Subscribe to the InfoTech eNewsletter

infoTECH News

TMCNet:  Top 5 Companies in the Office Services & Supplies Industry With the Highest P/E Ratio (IFSIA, HNI, CIX, KBALB, MLHR)

[January 10, 2013]

Top 5 Companies in the Office Services & Supplies Industry With the Highest P/E Ratio (IFSIA, HNI, CIX, KBALB, MLHR)

Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Office Services & Supplies 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.Interface ranks highest with a a P/E ratio of 29.07. HNI is next with a a P/E ratio of 27.07. Compx International ranks third highest with a a P/E ratio of 22.58.

Kimball International follows with a a P/E ratio of 22.35, and Herman Miller rounds out the top five with a a P/E ratio of 21.80.

SmarTrend recommended that subscribers consider buying shares of Interface on August 3rd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $13.51. Since that recommendation, shares of Interface have risen 18.9%. We continue to monitor Interface for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

[ InfoTech Spotlight's Homepage ]


blog comments powered by Disqus

FOLLOW US

Subscribe to InfoTECH Spotlight eNews

InfoTECH Spotlight eNews delivers the latest news impacting technology in the IT industry each week. Sign up to receive FREE breaking news today!
FREE eNewsletter