SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  Relatively High P/E Ratio Detected in Shares of Equity Lifestyle Properties in the Residential REITs Industry (ELS, EQR, ACC, UMH, ESS)

[January 10, 2013]

Relatively High P/E Ratio Detected in Shares of Equity Lifestyle Properties in the Residential REITs Industry (ELS, EQR, ACC, UMH, ESS)

Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Residential REITs 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.Equity Lifestyle Properties ranks highest with a a P/E ratio of 91.00. Equity Residential is next with a a P/E ratio of 90.63. American Campus Communities ranks third highest with a a P/E ratio of 75.08.


UMH Properties follows with a a P/E ratio of 64.00, and Essex Property Trust rounds out the top five with a a P/E ratio of 62.34.

SmarTrend recommended that subscribers consider buying shares of Equity Lifestyle Properties on December 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $66.53. Since that recommendation, shares of Equity Lifestyle Properties have risen 4.3%. We continue to monitor Equity Lifestyle Properties 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

[ Back To education 's Homepage ]








Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved | Privacy Policy