CHANNELS

Subscribe to the InfoTech eNewsletter

infoTECH News

TMCNet:  Shares of HNI Rank the Highest in Terms of Forward P/E Ratio in the Office Services & Supplies Industry (HNI, KBALB, IFSIA, MSA, AVY)

[January 15, 2013]

Shares of HNI Rank the Highest in Terms of Forward P/E Ratio in the Office Services & Supplies Industry (HNI, KBALB, IFSIA, MSA, AVY)

Jan 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Office Services & Supplies 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.HNI ranks highest with a a forward P/E ratio of 22.13. Kimball International is next with a a forward P/E ratio of 18.48. Interface ranks third highest with a a forward P/E ratio of 18.19.

Mine Safety Appliances follows with a a forward P/E ratio of 16.60, and Avery Dennison rounds out the top five with a a forward P/E ratio of 14.73.

SmarTrend recommended that subscribers consider buying shares of Mine Safety Appliances on November 30th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $38.49. Since that recommendation, shares of Mine Safety Appliances have risen 15.4%. We continue to monitor Mine Safety Appliances 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