Below are the three companies in the Education Services 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.

Universal Technical Institute ranks highest with a a forward P/E ratio of 51.74. Following is K12 with a a forward P/E ratio of 29.69. Lincoln Educational Services ranks third highest with a a forward P/E ratio of 28.53.

Education Management follows with a a forward P/E ratio of 19.41, and New Oriental Education & Technology rounds out the top five with a a forward P/E ratio of 15.92.

SmarTrend recommended that subscribers consider buying shares of New Oriental Education & Technology on April 22nd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $18.19. Since that recommendation, shares of New Oriental Education & Technology have risen 3.5%. We continue to monitor New Oriental Education & Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.