ABM's leadership changes underscore its growth focus and commitment to team building via internal advancement and external recruitment. The new appointments are anticipated to fuel future growth in their respective segments and across the company.
ABM Industries' low P/E ratio is due to predicted earnings drop. Shareholders accept this, acknowledging future earnings may not surprise positively. Hence, a significant share price rise seems unlikely soon.
Despite satisfactory EPS growth over the past half-decade, the market appears relatively pessimistic due to the minor increase in share price. The relatively low P/E ratio (11.34) could also be an indicator of this market apprehension.