Community Health Systems has the Lowest Forward P/E Ratio in the Health Care Facilities Industry (CYH, ENSG, HGR, KND, THC)
Below are the three companies in the Health Care Facilities 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.
Community Health Systems ranks lowest with a a forward P/E ratio of 3.29. Following is Ensign Group Inc/The with a a forward P/E ratio of 6.80. Hanger Orthopedic ranks third lowest with a a forward P/E ratio of 6.96.
Kindred Healthcare follows with a a forward P/E ratio of 9.33, and Tenet Healthcare rounds out the bottom five with a a forward P/E ratio of 13.00.
SmarTrend recommended that its subscribers protect gains by selling shares of Hanger Orthopedic on January 7th, 2016 by issuing a Downtrend alert when the shares were trading at $15.20. Since that call, shares of Hanger Orthopedic have fallen 15.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest forward p/e ratio Community Health Systems ensign group inc/the hanger orthopedic kindred healthcare Tenet Healthcare