Relatively Low P/E Ratio Detected in Shares of One Liberty Properties in the Diversified REITs Industry (OLP, LXP, PSB, CUZ, DRE)
Below are the three companies in the Diversified REITs 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.
One Liberty Properties ranks lowest with a a P/E ratio of 13.71. Lexington Realty Trust is next with a a P/E ratio of 18.74. PS Business Parks ranks third lowest with a a P/E ratio of 19.48.
Cousins Properties follows with a a P/E ratio of 23.93, and Duke Realty rounds out the bottom five with a a P/E ratio of 26.15.
SmarTrend recommended that subscribers consider buying shares of Duke Realty on February 22nd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $20.63. Since that recommendation, shares of Duke Realty have risen 11.5%. We continue to monitor Duke Realty for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest p/e ratio one liberty properties lexington realty trust amex:psb ps business parks cousins properties duke realty