[May 21, 2013] Optibase has the Lowest P/E Ratio in the Diversified Real Estate Activities Industry (OBAS, BAM, TRC, JOE, CTO) Tweet May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Diversified Real Estate Activities industry with the lowest 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.Optibase ranks lowest with a a P/E ratio of 11.00. Brookfield Asset Management is next with a a P/E ratio of 20.18. Tejon Ranch ranks third lowest with a a P/E ratio of 124.75. St. Joe follows with a a P/E ratio of 264.38, and Consolidated-Tomoka Land rounds out the bottom five with a a P/E ratio of 374.00. SmarTrend is monitoring the recent change of momentum in Consolidated-Tomoka Land. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Consolidated-Tomoka Land in search of a potential trend change. 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 ]