[May 15, 2013] Highest Forward P/E Ratio in the Housewares & Specialties Industry Detected in Shares of Newell Rubbermaid (NWL, TUP, CTIB, LBY, LCUT) Tweet May 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Housewares & Specialties 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.Newell Rubbermaid ranks highest with a a forward P/E ratio of 13.98. Tupperware Brands is next with a a forward P/E ratio of 12.70. CTI Industries ranks third highest with a a forward P/E ratio of 10.55. Libbey follows with a a forward P/E ratio of 10.12, and Lifetime Brands rounds out the top five with a a forward P/E ratio of 9.39. SmarTrend recommended that subscribers consider buying shares of Lifetime Brands on January 2nd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $10.75. Since that recommendation, shares of Lifetime Brands have risen 19.3%. We continue to monitor Lifetime Brands for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 [ Back To TMCnet.com's Homepage ]