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Top 5 Companies in the Biotechnology Industry With the Highest P/E Ratio (PCYC, ALXN, ACOR, BIIB, CELG)
[March 12, 2013]

Top 5 Companies in the Biotechnology Industry With the Highest P/E Ratio (PCYC, ALXN, ACOR, BIIB, CELG)

Mar 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Biotechnology 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.Pharmacyclics ranks highest with a a P/E ratio of 80.15. Following is Alexion Pharmaceuticals with a a P/E ratio of 68.92. Acorda Therapeutics ranks third highest with a a P/E ratio of 55.22.

Biogen Idec follows with a a P/E ratio of 30.39, and Celgene rounds out the top five with a a P/E ratio of 28.70.

SmarTrend recommended that subscribers consider buying shares of Pharmacyclics on December 4th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $55.42. Since that recommendation, shares of Pharmacyclics have risen 66.5%. We continue to monitor Pharmacyclics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- 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

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