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Zayo Group Holdi has the Highest Forward P/E Ratio in the Alternative Carriers Industry (ZAYO, CCOI, VG, LVLT, IQNT)

By David Diaz

Below are the three companies in the Alternative Carriers 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.

Zayo Group Holdi ranks highest with a a forward P/E ratio of 62.63. Following is Cogent Communica with a a forward P/E ratio of 44.35. Vonage Holdings ranks third highest with a a forward P/E ratio of 26.50.

Level 3 Comm Inc follows with a a forward P/E ratio of 24.66, and Inteliquent Inc rounds out the top five with a a forward P/E ratio of 17.28.

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

Keywords: highest forward p/e ratio zayo group holdi cogent communica vonage holdings :lvlt level 3 comm inc :iqnt inteliquent inc

Ticker(s): ZAYO CCOI VG