|
Highest Forward P/E Ratio in the Hotels, Resorts & Cruise Lines Industry Detected in Shares of Gaylord Entertainment (GET, H, OEH, HOT, MAR)
Nov 15, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Hotels, Resorts & Cruise Lines 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.Gaylord Entertainment ranks highest with a a forward P/E ratio of 38.05. Following is Hyatt Hotels with a a forward P/E ratio of 35.24. Orient-Express Hotels ranks third highest with a a forward P/E ratio of 33.24.
Starwood Hotels & Resorts follows with a a forward P/E ratio of 18.77, and Marriott International rounds out the top five with a a forward P/E ratio of 17.10.
SmarTrend recommended that its subscribers protect gains by selling shares of Marriott International on October 5th, 2012 by issuing a Downtrend alert when the shares were trading at $38.58. Since that call, shares of Marriott International have fallen 8.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Write to Chip Brian at cbrian@mysmartrend.com
---------------------------------------------------------------------------------------------
SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup
[ Back To Technology News's Homepage ]
|