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Shares of Centurylink Inc Rank the Lowest in Terms of P/E Ratio in the Alternative Carriers Industry (CTL, VG, ZAYO, IRDM, CCOI)

By Amy Schwartz

Below are the three companies in the Alternative Carriers 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.

Centurylink Inc ranks lowest with a a P/E ratio of 15.57. Vonage Holdings is next with a a P/E ratio of 38.20. Zayo Group Holdi ranks third lowest with a a P/E ratio of 56.78.

Iridium Communic follows with a a P/E ratio of 82.89, and Cogent Communica rounds out the bottom five with a a P/E ratio of 184.39.

SmarTrend is tracking the current trend status for Centurylink Inc and will alert subscribers who have CTL in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest p/e ratio centurylink inc vonage holdings zayo group holdi iridium communic cogent communica