Feb 21, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Internet Retail industry with the lowest 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.PetMed Express ranks lowest with a a P/E ratio of 16.05. Following is Overstock.com with a a P/E ratio of 19.79. 1-800-Flowers.com ranks third lowest with a a P/E ratio of 22.26.
Expedia follows with a a P/E ratio of 23.29, and priceline.com rounds out the bottom five with a a P/E ratio of 25.98.
SmarTrend recommended that subscribers consider buying shares of Expedia on April 27th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $41.00. Since that recommendation, shares of Expedia have risen 53.9%. We continue to monitor Expedia for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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