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Lowest Forward P/E Ratio in the Managed Health Care Industry Detected in Shares of Triple-S Mgmt-B (GTS, MGLN, CNC, CI, ANTM)

By David Diaz

Below are the three companies in the Managed Health Care 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.

Triple-S Mgmt-B ranks lowest with a a forward P/E ratio of 5.39. Following is Magellan Health with a a forward P/E ratio of 5.50. Centene Corp ranks third lowest with a a forward P/E ratio of 5.87.

Cigna Corp follows with a a forward P/E ratio of 9.58, and Anthem Inc rounds out the bottom five with a a forward P/E ratio of 11.88.

SmarTrend recommended that its subscribers protect gains by selling shares of Magellan Health on January 27th, 2020 by issuing a Downtrend alert when the shares were trading at $73.19. Since that call, shares of Magellan Health have fallen 51.2%. 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 triple-s mgmt-b magellan health centene corp cigna corp anthem inc

Ticker(s): GTS MGLN CNC CI ANTM