TMCnet News
American Tower has the Highest P/E Ratio in the Wireless Telecommunication Services Industry (AMT, VIP, LTON, SHEN, USM)Nov 12, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Wireless Telecommunication Services 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.American Tower ranks highest with a a P/E ratio of 56.27. Following is Vimpel-Communications with a a P/E ratio of 46.52. Linktone ranks third highest with a a P/E ratio of 24.64. Shenandoah Telecommunications follows with a a P/E ratio of 21.95, and United States Cellular rounds out the top five with a a P/E ratio of 14.33. SmarTrend recommended that its subscribers protect gains by selling shares of Shenandoah Telecommunications on October 22nd, 2012 by issuing a Downtrend alert when the shares were trading at $16.50. Since that call, shares of Shenandoah Telecommunications have fallen 20.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 |