Highest Forward P/E Ratio in the Integrated Telecommunication Services Industry Detected in Shares of Consolidated Communications (CNSL, ATNI, GNCMA, T, VZ)
Below are the three companies in the Integrated 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.
Consolidated Communications ranks highest with a a forward P/E ratio of 38.51. Atlantic Tele-Network is next with a a forward P/E ratio of 25.33. General Communication ranks third highest with a a forward P/E ratio of 15.53.
AT&T follows with a a forward P/E ratio of 15.26, and Verizon Communications rounds out the top five with a a forward P/E ratio of 13.51.
SmarTrend recommended that subscribers consider buying shares of AT&T on October 22nd, 2015 as our technology indicated a new Uptrend was in progress when shares hit $33.81. Since that recommendation, shares of AT&T have risen 28.0%. We continue to monitor AT&T for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio consolidated communications atlantic tele-network general communication AT&T Verizon Communications