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Top 5 Companies in the Life & Health Insurance Industry With the Lowest Forward P/E Ratio (PNX, LNC, AEL, MET, AFL)May 24, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Life & Health Insurance industry with the lowest 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.Phoenix ranks lowest with a a forward P/E ratio of 3.55. Lincoln National is next with a a forward P/E ratio of 4.75. American Equity Investment ranks third lowest with a a forward P/E ratio of 4.95. MetLife follows with a a forward P/E ratio of 5.50, and Aflac rounds out the bottom five with a a forward P/E ratio of 5.80. SmarTrend is monitoring the recent change of momentum in Aflac. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Aflac in search of a potential trend change. 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 |