[May 15, 2012] Highest Forward P/E Ratio in the Reinsurance Industry Detected in Shares of Arch Capital (ACGL, FSR, PRE, PTP, ENH) Tweet May 15, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Reinsurance 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.Arch Capital ranks highest with a a forward P/E ratio of 13.37. Following is Flagstone Reinsurance with a a forward P/E ratio of 12.45. PartnerRe ranks third highest with a a forward P/E ratio of 9.85. Platinum Underwriters Holdings follows with a a forward P/E ratio of 9.60, and Endurance Specialty rounds out the top five with a a forward P/E ratio of 8.73. SmarTrend recommended that subscribers consider buying shares of Endurance Specialty on March 20th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $39.31. Since that recommendation, shares of Endurance Specialty have risen 4.6%. We continue to monitor Endurance Specialty 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 [ Back To TMCnet.com's Homepage ]