[May 10, 2013] Shares of Aptargroup Rank the Highest in Terms of P/E Ratio in the Metal & Glass Containers Industry (ATR, AEPI, GEF, SLGN, MYE) Tweet May 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Metal & Glass Containers 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.Aptargroup ranks highest with a a P/E ratio of 22.93. Following is AEP Industries with a a P/E ratio of 19.41. Greif ranks third highest with a a P/E ratio of 18.87. Silgan Holdings follows with a a P/E ratio of 18.48, and Myers Industries rounds out the top five with a a P/E ratio of 15.96. SmarTrend recommended that subscribers consider buying shares of Myers Industries on April 25th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $14.33. Since that recommendation, shares of Myers Industries have risen 7.2%. We continue to monitor Myers Industries 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 [ Back To TMCnet.com's Homepage ]