• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 442837 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1413892154 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1413892154 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Air Products & Chemicals is Among the Companies in the Industrial Gases Industry With the Lowest P/E Ratio (APD, PX, ARG)

Published on Fri, 02/15/2013 - 11:29
By Peter Chu

Below are the three companies in the Industrial Gases industry with the lowest 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.

Air Products & Chemicals (NYSE:APD) is lowest with a P/E ratio of 14.67. Air Products and Chemicals, Inc. produces industrial gas and related industrial process equipment. The Company also produces and markets polymer chemicals, performance chemicals, and chemical intermediates. Air Products recovers and distributes oxygen, nitrogen, argon, hydrogen, carbon monoxide, carbon dioxide, synthesis gas, and helium, as well as medical and specialty gases.

Air Products & Chemicals share prices have moved between a 52-week high of $92.79 and a 52-week low of $76.11 and are now trading 16% above that low price at $88.55 per share. The 200-day and 50-day moving averages have moved 0.08% higher and 0.59% higher over the past week, respectively.

Following is Praxair (NYSE:PX) with a P/E ratio of 19.81.

Finishing up the bottom three is Airgas (NYSE:ARG), with a P/E ratio of 22.65.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Tenaris: The Losing Streak Continues (TS...

Tenaris (NYSE:TS) traded at a new 52-week low today of $37.56. This new low was reache ...

Shares of TECO Energy Rise Above Previou...

TECO Energy (NYSE:TE) traded today at a new 52-week high of $18.78. This new high was ...

Shares of Teck Resources Fall to a New 5...

Teck Resources (NYSE:TCK) traded today at a new 52-week low of $15.15. This new low wa ...

Strayer Education Looks to Continue to T...

Strayer Education (NASDAQ:STRA) traded at a new 52-week high today of $67.03. Approxim ...

Shares of Sonic Rise to a New 52-Week Hi...

Sonic (NASDAQ:SONC) traded at a new 52-week high today of $24.00. This new high was re ...

Shares of Cia Siderurgica Nacional Fall ...

Cia Siderurgica Nacional (NYSE:SID) traded today at a new 52-week low of $3.32. Approx ...

Shares of Steven Madden Fall Below Previ...

Shares of Steven Madden (NASDAQ:SHOO) traded today at $28.02, breaking its 52-week low. ...

Shares of SAP Fall to a New 52-Week Low...

SAP (NYSE:SAP) traded today at a new 52-week low of $64.10. Approximately 2.3 million ...