Home Markets News Weather

Relatively High Forward P/E Ratio Detected in Shares of Orion Group Hold in the Construction & Engineering Industry (ORN, GLDD, LAYN, NVEE, FIX)

« Go Back

Below are the three companies in the Construction & Engineering 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.Orion Group Hold ranks highest with a a forward P/E ratio of 25.55. Great Lakes Dred is next with a a forward P/E ratio of 25.50. Layne Christensn ranks third highest with a a forward P/E ratio of 23.71.

Nv5 Global Inc follows with a a forward P/E ratio of 19.88, and Comfort Systems rounds out the top five with a a forward P/E ratio of 16.78.

SmarTrend recommended that subscribers consider buying shares of Great Lakes Dred on May 4th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $4.93. Since that recommendation, shares of Great Lakes Dred have risen 5.6%. We continue to monitor Great Lakes Dred for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to SmarTrend at cs@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

« Go Back

Real-time Login
     Get Real-time Data
Edit Preferences      Refresh:   On   Off