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Top 5 Companies in the Cable & Satellite Industry With the Highest Forward P/E Ratio (LBTYA, OUTD, SIRI, CVC, CMCSA)Feb 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Cable & Satellite 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.Liberty Global ranks highest with a a forward P/E ratio of 40.98. Outdoor Channel Holdings is next with a a forward P/E ratio of 38.20. Sirius XM Radio ranks third highest with a a forward P/E ratio of 24.77. Cablevision Systems follows with a a forward P/E ratio of 20.95, and Comcast rounds out the top five with a a forward P/E ratio of 17.89. SmarTrend recommended that subscribers consider buying shares of Sirius XM Radio on July 5th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2.09. Since that recommendation, shares of Sirius XM Radio have risen 53.5%. We continue to monitor Sirius XM Radio 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 |