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K12 has the Highest P/E Ratio in the Education Services Industry (LRN, UTI, EDU, APEI, LOPE)Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Education 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.K12 ranks highest with a a P/E ratio of 45.87. Following is Universal Technical Institute with a a P/E ratio of 26.74. New Oriental Education & Technology ranks third highest with a a P/E ratio of 22.07. American Public Education follows with a a P/E ratio of 16.26, and Grand Canyon Education rounds out the top five with a a P/E ratio of 16.00. SmarTrend recommended that subscribers consider buying shares of New Oriental Education & Technology on August 22nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $14.47. Since that recommendation, shares of New Oriental Education & Technology have risen 31.2%. We continue to monitor New Oriental Education & Technology 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 |