[June 17, 2013] Kronos Worldwide has the Highest Forward P/E Ratio in the Commodity Chemicals Industry (KRO, CCC, ARSD, WLK, MEOH) Tweet Jun 17, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Commodity Chemicals 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.Kronos Worldwide ranks highest with a a forward P/E ratio of 17.37. Calgon Carbon is next with a a forward P/E ratio of 16.10. Arabian American Dev ranks third highest with a a forward P/E ratio of 12.35. Westlake Chemical follows with a a forward P/E ratio of 11.97, and Methanex rounds out the top five with a a forward P/E ratio of 10.21. SmarTrend is tracking the current trend status for Methanex and will alert subscribers who have MEOH in their portfolio or watchlist when shares have changed trend direction. 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 ]