Crown Castle International is Among the Companies in the Wireless Telecommunication Services Industry With the Highest Forward P/E Ratio (CCI, NTLS, AMT, SHEN, PCS)
Below are the three companies in the Wireless Telecommunication Services 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.
Crown Castle International ranks highest with a a forward P/E ratio of 54.28. NTELOS Holdings is next with a a forward P/E ratio of 44.42. American Tower ranks third highest with a a forward P/E ratio of 33.50.
Shenandoah Telecommunications follows with a a forward P/E ratio of 19.60, and MetroPCS Communications rounds out the top five with a a forward P/E ratio of 10.94.
SmarTrend recommended that subscribers consider buying shares of MetroPCS Communications on March 28th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $10.87. Since that recommendation, shares of MetroPCS Communications have risen 8.9%. We continue to monitor MetroPCS Communications for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio crown castle international ntelos holdings American Tower shenandoah telecommunications metropcs communications