[June 17, 2013] Cogent Communications has the Highest Forward P/E Ratio in the Alternative Carriers Industry (CCOI, TWTC, LVLT, VG, PGI) Tweet Jun 17, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Alternative Carriers 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.Cogent Communications ranks highest with a a forward P/E ratio of 50.04. tw telecom is next with a a forward P/E ratio of 39.26. Level 3 Communications ranks third highest with a a forward P/E ratio of 33.84. Vonage follows with a a forward P/E ratio of 13.52, and Premiere Global Services rounds out the top five with a a forward P/E ratio of 12.99. SmarTrend recommended that subscribers consider buying shares of Premiere Global Services on May 15th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $11.62. Since that recommendation, shares of Premiere Global Services have risen 5.4%. We continue to monitor Premiere Global Services 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 ]