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Highest P/E Ratio in the Commercial Printing Industry Detected in Shares of Innerworkings (INWK, RRD, EBF, CGX, CRRC)
Mar 12, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Commercial Printing 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.Innerworkings ranks highest with a a P/E ratio of 36.63. Following is RR Donnelley with a a P/E ratio of 31.56. Ennis ranks third highest with a a P/E ratio of 19.06.
Consolidated Graphics follows with a a P/E ratio of 14.26, and Courier rounds out the top five with a a P/E ratio of 13.62.
SmarTrend recommended that subscribers consider buying shares of Consolidated Graphics on October 16th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $29.87. Since that recommendation, shares of Consolidated Graphics have risen 35.1%. We continue to monitor Consolidated Graphics 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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