[May 24, 2013] Top 5 Companies in the Property & Casualty Insurance Industry With the Lowest Forward P/E Ratio (TWGP, STC, AFSI, AGO, AXS) Tweet May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Property & Casualty Insurance industry with the lowest 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.Tower Group ranks lowest with a a forward P/E ratio of 7.01. Stewart Information Services is next with a a forward P/E ratio of 8.66. Amtrust Financial Services ranks third lowest with a a forward P/E ratio of 8.76. Assured Guaranty follows with a a forward P/E ratio of 9.00, and Axis Capital Holdings rounds out the bottom five with a a forward P/E ratio of 9.31. SmarTrend recommended that subscribers consider buying shares of Tower Group on January 11th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $16.70. Since that recommendation, shares of Tower Group have risen 18.0%. We continue to monitor Tower Group 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 ]