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Jarden has the Highest P/E Ratio in the Housewares & Specialties Industry (JAH, TUP, NWL, ACU, LBY)Jul 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Housewares & Specialties industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.Jarden ranks highest with a a P/E ratio of 21.18. Tupperware Brands is next with a a P/E ratio of 16.73. Newell Rubbermaid ranks third highest with a a P/E ratio of 16.01. Acme United follows with a a P/E ratio of 11.39, and Libbey rounds out the top five with a a P/E ratio of 11.01. SmarTrend recommended that subscribers consider buying shares of Libbey on May 2nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.95. Since that recommendation, shares of Libbey have risen 69.8%. We continue to monitor Libbey 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 |