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Relatively High Forward P/E Ratio Detected in Shares of Liberty Br-C in the Cable & Satellite Industry (LBRDK, CHTR, CABO, CMCSA, DISH)

By Nick Russo

Below are the three companies in the Cable & Satellite 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.

Liberty Br-C ranks highest with a a forward P/E ratio of 57.03. Following is Charter Commun-A with a a forward P/E ratio of 51.33. Cable One Inc ranks third highest with a a forward P/E ratio of 38.52.

Comcast Corp-A follows with a a forward P/E ratio of 15.44, and Dish Network-A rounds out the top five with a a forward P/E ratio of 14.75.

SmarTrend recommended that its subscribers protect gains by selling shares of Dish Network-A on July 30th, 2019 by issuing a Downtrend alert when the shares were trading at $36.64. Since that call, shares of Dish Network-A have fallen 12.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio liberty br-c charter commun-a cable one inc comcast corp-a dish network-a