Lowest P/E Ratio in the Integrated Telecommunication Services Industry Detected in Shares of Verizon Communications (VZ, T, CTL, IDT, ATNI)
Below are the three companies in the Integrated Telecommunication Services industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.
Verizon Communications ranks lowest with a a P/E ratio of 13.03. Following is AT&T with a a P/E ratio of 15.55. CenturyTel ranks third lowest with a a P/E ratio of 19.34.
IDT follows with a a P/E ratio of 27.59, and Atlantic Tele-Network rounds out the bottom five with a a P/E ratio of 29.50.
SmarTrend recommended that its subscribers protect gains by selling shares of Atlantic Tele-Network on October 30th, 2015 by issuing a Downtrend alert when the shares were trading at $77.00. Since that call, shares of Atlantic Tele-Network have fallen 6.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest p/e ratio Verizon Communications AT&T Centurytel atlantic tele-network