[June 17, 2013] Top 5 Companies in the Publishing Industry With the Highest Forward P/E Ratio (MSO, NYT, MORN, AHC, TRI) Tweet Jun 17, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Publishing industry with the highest 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.Martha Stewart Living ranks highest with a a forward P/E ratio of 78.67. The New York Times is next with a a forward P/E ratio of 26.21. Morningstar ranks third highest with a a forward P/E ratio of 23.99. AH Belo follows with a a forward P/E ratio of 23.93, and Thomson Reuters rounds out the top five with a a forward P/E ratio of 16.48. SmarTrend recommended that subscribers consider buying shares of AH Belo on January 7th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $5.18. Since that recommendation, shares of AH Belo have risen 34.1%. We continue to monitor AH Belo 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 ]