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TMCNet:  Validus Holdings is Among the Companies in the Reinsurance Industry With the Lowest Forward P/E Ratio (VR, MHLD, RGA, RE, RNR)

[February 26, 2013]

Validus Holdings is Among the Companies in the Reinsurance Industry With the Lowest Forward P/E Ratio (VR, MHLD, RGA, RE, RNR)

Feb 26, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Reinsurance 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.Validus Holdings ranks lowest with a a forward P/E ratio of 6.61. Maiden Holdings is next with a a forward P/E ratio of 6.77. Reinsurance Group of America ranks third lowest with a a forward P/E ratio of 7.11.


Everest Re Group follows with a a forward P/E ratio of 8.17, and RenaissanceRe Holdings rounds out the bottom five with a a forward P/E ratio of 8.87.

SmarTrend recommended that subscribers consider buying shares of RenaissanceRe Holdings on January 14th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $82.70. Since that recommendation, shares of RenaissanceRe Holdings have risen 3.1%. We continue to monitor RenaissanceRe Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

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