[May 15, 2013] Highest Forward P/E Ratio in the Cable & Satellite Industry Detected in Shares of Outdoor Channel Holdings (OUTD, SIRI, CVC, LBTYA, RRST) Tweet May 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Cable & Satellite industry with the highest 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.Outdoor Channel Holdings ranks highest with a a forward P/E ratio of 51.75. Sirius XM Radio is next with a a forward P/E ratio of 26.74. Cablevision Systems ranks third highest with a a forward P/E ratio of 24.23. Liberty Global follows with a a forward P/E ratio of 23.34, and RRSat Global Communications Network rounds out the top five with a a forward P/E ratio of 17.96. SmarTrend recommended that subscribers consider buying shares of Sirius XM Radio on July 5th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $2.09. Since that recommendation, shares of Sirius XM Radio have risen 63.1%. We continue to monitor Sirius XM Radio 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 ]