Lowest P/E Ratio in the Movies & Entertainment Industry Detected in Shares of Viacom (VIA, RDI, TWX, CNK, DIS)
Below are the three companies in the Movies & Entertainment 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.
Viacom ranks lowest with a a P/E ratio of 7.68. Reading International is next with a a P/E ratio of 9.10. Time Warner ranks third lowest with a a P/E ratio of 15.16.
Cinemark follows with a a P/E ratio of 18.55, and Walt Disney rounds out the bottom five with a a P/E ratio of 19.09.
SmarTrend is tracking the current trend status for Walt Disney and will alert subscribers who have DIS in their portfolio or watchlist when shares have changed trend direction.
Keywords: lowest p/e ratio Viacom amex:rdi reading international Time Warner cinemark Walt Disney