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Top 5 Companies in the Publishing Industry With the Lowest Forward P/E Ratio (LEE, MNI, GSOL, GCI, JRN)Mar 26, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Publishing 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.Lee Enterprises ranks lowest with a a forward P/E ratio of 3.94. McClatchy is next with a a forward P/E ratio of 5.54. Global Sources ranks third lowest with a a forward P/E ratio of 7.75. Gannett follows with a a forward P/E ratio of 8.62, and Journal Communications rounds out the bottom five with a a forward P/E ratio of 8.91. SmarTrend recommended that subscribers consider buying shares of Journal Communications on February 15th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $5.65. Since that recommendation, shares of Journal Communications have risen 19.9%. We continue to monitor Journal Communications 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 |