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Highest P/E Ratio in the Movies & Entertainment Industry Detected in Shares of World Wrestlin-A (WWE, AMC, EROS, RGC, IMAX)

By Amy Schwartz

Below are the three companies in the Movies & Entertainment industry with the highest 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.

World Wrestlin-A ranks highest with a a P/E ratio of 51.34. Following is Amc Entertainmen with a a P/E ratio of 33.06. Eros Internation ranks third highest with a a P/E ratio of 32.81.

Regal Entertai-A follows with a a P/E ratio of 25.39, and Imax Corp rounds out the top five with a a P/E ratio of 19.03.

SmarTrend recommended that subscribers consider buying shares of Regal Entertai-A on November 24th, 2017 as our technology indicated a new Uptrend was in progress when shares hit $17.09. Since that recommendation, shares of Regal Entertai-A have risen 34.5%. We continue to monitor Regal Entertai-A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio world wrestlin-a amc entertainmen eros internation regal entertai-a imax corp