• Return to Headlines

Relatively Low P/E Ratio Detected in Shares of Alliance HealthCare Services in the Health Care Services Industry (AIQ, AIRM, CCM, DVA, MD)

By James Quinn

Below are the three companies in the Health Care 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.

Alliance HealthCare Services ranks lowest with a a P/E ratio of 5.70. Following is Air Methods with a a P/E ratio of 10.56. Concord Medical Services Holdings ranks third lowest with a a P/E ratio of 12.41.

DaVita follows with a a P/E ratio of 16.22, and Mednax rounds out the bottom five with a a P/E ratio of 19.24.

SmarTrend recommended that its subscribers protect gains by selling shares of DaVita on June 14th, 2016 by issuing a Downtrend alert when the shares were trading at $75.31. Since that call, shares of DaVita have fallen 16.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest p/e ratio alliance healthcare services air methods concord medical services holdings davita mednax