TMCnet News
Top 5 Companies in the Movies & Entertainment Industry With the Lowest P/E Ratio (TIXC, TWX, BTN, VIA, DIS)May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Movies & Entertainment 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.Tix ranks lowest with a a P/E ratio of 7.27. Time Warner is next with a a P/E ratio of 17.18. Ballantyne Strong ranks third lowest with a a P/E ratio of 17.26. Viacom follows with a a P/E ratio of 17.30, and Walt Disney rounds out the bottom five with a a P/E ratio of 20.06. SmarTrend recommended that subscribers consider buying shares of Viacom on November 27th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $51.22. Since that recommendation, shares of Viacom have risen 36.1%. We continue to monitor Viacom 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 |
