[May 24, 2013] Lowest Forward P/E Ratio in the Health Care Services Industry Detected in Shares of RadNet (RDNT, CCM, GTIV, CHE, OCR) Tweet May 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Health Care Services 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.RadNet ranks lowest with a a forward P/E ratio of 5.08. Concord Medical Services Holdings is next with a a forward P/E ratio of 6.24. Gentiva Health Services ranks third lowest with a a forward P/E ratio of 9.05. Chemed follows with a a forward P/E ratio of 11.28, and Omnicare rounds out the bottom five with a a forward P/E ratio of 11.86. SmarTrend recommended that subscribers consider buying shares of Omnicare on March 20th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $38.92. Since that recommendation, shares of Omnicare have risen 16.7%. We continue to monitor Omnicare 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 ]