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Top 5 Companies in the Health Care Supplies Industry With the Lowest P/E Ratio (SPAN, ATRI, SURG, XRAY, UTMD)May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Supplies 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.Span-America Medical Systems ranks lowest with a a P/E ratio of 11.50. Following is Atrion with a a P/E ratio of 17.03. Synergetics USA ranks third lowest with a a P/E ratio of 17.28. DENTSPLY International follows with a a P/E ratio of 17.42, and Utah Medical Products rounds out the bottom five with a a P/E ratio of 17.96. SmarTrend is monitoring the recent change of momentum in Utah Medical Products. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Utah Medical Products 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 |