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Top 5 Companies in the Movies & Entertainment Industry With the Highest Forward P/E Ratio (WWE, AMC, RDI, FOXA, FOX)

By James Quinn

Below are the three companies in the Movies & Entertainment 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.

World Wrestlin-A ranks highest with a a forward P/E ratio of 81.50. Amc Entertainmen is next with a a forward P/E ratio of 40.22. Reading Intl-A ranks third highest with a a forward P/E ratio of 35.15.

Twenty-First C-A follows with a a forward P/E ratio of 23.13, and Twenty-First - B rounds out the top five with a a forward P/E ratio of 22.99.

SmarTrend recommended that subscribers consider buying shares of World Wrestlin-A on January 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $75.86. Since that recommendation, shares of World Wrestlin-A have risen 15.4%. We continue to monitor World Wrestlin-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio world wrestlin-a amc entertainmen reading intl-a twenty-first c-a twenty-first - b