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Shares of Crown Castle International Rank the Highest in Terms of Forward P/E Ratio in the Wireless Telecommunication Services Industry (CCI, TDS, USM, AMT, SHEN)
[May 15, 2013]

Shares of Crown Castle International Rank the Highest in Terms of Forward P/E Ratio in the Wireless Telecommunication Services Industry (CCI, TDS, USM, AMT, SHEN)


May 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Wireless Telecommunication Services 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.Crown Castle International ranks highest with a a forward P/E ratio of 72.39. Following is Telephone & Data Systems with a a forward P/E ratio of 64.63. United States Cellular ranks third highest with a a forward P/E ratio of 43.33.

American Tower follows with a a forward P/E ratio of 32.57, and Shenandoah Telecommunications rounds out the top five with a a forward P/E ratio of 17.71.

SmarTrend recommended that subscribers consider buying shares of Shenandoah Telecommunications on March 14th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $15.40. Since that recommendation, shares of Shenandoah Telecommunications have risen 11.6%. We continue to monitor Shenandoah Telecommunications 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

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