Automobile Manufacturers with the Highest Forward Price to Earnings (P/E) Ratios
As the automobile industry continues to evolve, investors are seeking out companies with the highest forward price to earnings (P/E) ratios, as they are often seen as undervalued. SmarTrend provides an analysis of the top companies in the industry, highlighting those with the most promising growth prospects. Among the top companies, Tesla Motors Inc stands out with a forward P/E ratio of 47.48, indicating a significant potential for growth. However, investors should also consider companies like General Motors, which has seen a 4.8% increase in shares since a recommendation to buy on February 5th, 2015.
Key Takeaways:
- Tesla Motors Inc has the highest forward P/E ratio of 47.48 in the Automobile Manufacturers industry.
- Thor Industries has a forward P/E ratio of 13.71, indicating moderate growth prospects.
- Winnebago Industries has a forward P/E ratio of 12.03, highlighting its potential for long-term growth.
- Ford Motor and General Motors round out the top five, with forward P/E ratios of 8.64 and 7.59 respectively.
- SmarTrend recommended buying shares of General Motors on February 5th, 2015, resulting in a 4.8% increase.
- SmarTrend analyzes over 5,000 securities simultaneously, providing real-time trend change alerts.
- Investors can access exclusive insights and trading calls through a free trial at MySmarTrend.com.
Statistics:
- Tesla Motors Inc forward P/E ratio: 47.48
- Thor Industries forward P/E ratio: 13.71
- Winnebago Industries forward P/E ratio: 12.03
- Ford Motor forward P/E ratio: 8.64
- General Motors forward P/E ratio: 7.59
- Share price increase of General Motors since recommendation: 4.8%
- Number of securities analyzed by SmarTrend: 5,000
- Number of trend change alerts provided by SmarTrend: real-time
Sources:
- SmarTrend(R) News Watch
- COMTEX
- MySmarTrend.com
- Copyright, Comtex News Network, Inc. 2015