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Shares of Pitney Bowes Rank the Lowest in Terms of Forward P/E Ratio in the Office Services & Supplies Industry (PBI, ABD, USTR, SYKE, ATX)
Feb 26, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Office Services & Supplies industry with the lowest 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.Pitney Bowes ranks lowest with a a forward P/E ratio of 7.35. ACCO Brands is next with a a forward P/E ratio of 9.29. United Stationers ranks third lowest with a a forward P/E ratio of 9.80.
SYKES Enterprises follows with a a forward P/E ratio of 11.05, and AT Cross rounds out the bottom five with a a forward P/E ratio of 12.79.
SmarTrend recommended that subscribers consider buying shares of AT Cross on December 18th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $10.25. Since that recommendation, shares of AT Cross have risen 21.1%. We continue to monitor AT Cross for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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