EMCOR Trading Above Industry at 22.89X P/E: How to Play the Stock?

EMCOR Group, Inc. (EME) is currently trading at a premium valuation than the Zacks Building Products - Heavy Construction industry. With a forward 12-month price-to-earnings (P/E) ratio of 22.89X, it is slightly overvalued to the industry’s average of 21.55x and the broader Construction sector’s 18.08x.Image Source: Zacks Investment ResearchConsidering the company’s share price performance, investors have also shown an attractive reaction toward the company’s fundamentals and growth potential. In the year-t ...