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Crown Castle International is Among the Companies in the Wireless Telecommunication Services Industry With the Highest Forward P/E Ratio (CCI, AMT, PCS, SHEN, NTLS)

By Shiri Gupta

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 99.08. Following is American Tower with a a forward P/E ratio of 34.75. MetroPCS Communications ranks third highest with a a forward P/E ratio of 23.26.

Shenandoah Telecommunications follows with a a forward P/E ratio of 21.25, and NTELOS Holdings rounds out the top five with a a forward P/E ratio of 15.02.

SmarTrend recommended that subscribers consider buying shares of NTELOS Holdings on September 26th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $17.86. Since that recommendation, shares of NTELOS Holdings have risen 9.2%. We continue to monitor NTELOS Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio crown castle international American Tower metropcs communications shenandoah telecommunications ntelos holdings

Ticker(s): CCI AMT PCS SHEN NTLS