[June 12, 2013] Coresite Realty Corp is Among the Companies in the Office REITs Industry With the Highest P/E Ratio (COR, BXP, HIW, ARE, FSP) Tweet Jun 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Office REITs industry with the highest 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.Coresite Realty Corp ranks highest with a a P/E ratio of 97.47. Boston Properties is next with a a P/E ratio of 63.25. Highwoods Properties ranks third highest with a a P/E ratio of 56.65. Alexandria Real Estate Equities follows with a a P/E ratio of 52.63, and Franklin Street Properties rounds out the top five with a a P/E ratio of 52.38. SmarTrend recommended that its subscribers protect gains by selling shares of Coresite Realty Corp on May 23rd, 2013 by issuing a Downtrend alert when the shares were trading at $34.28. Since that call, shares of Coresite Realty Corp have fallen 9.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 ]