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Shares of Capital Trust Rank the Lowest in Terms of P/E Ratio in the Mortgage REITs Industry (CT, CYS, CIM, NYMT, IVR)Nov 21, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Mortgage REITs industry with the lowest 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.Capital Trust ranks lowest with a a P/E ratio of 1.12. Following is Cypress Sharpridge Investments with a a P/E ratio of 3.05. Chimera Investment ranks third lowest with a a P/E ratio of 4.87. New York Mortgage Trust follows with a a P/E ratio of 6.07, and Invesco Mortgage Capital rounds out the bottom five with a a P/E ratio of 7.25. SmarTrend is monitoring the recent change of momentum in Invesco Mortgage Capital. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Invesco Mortgage Capital in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- 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 |