TMCNet:  Highest P/E Ratio in the Reinsurance Industry Detected in Shares of Endurance Specialty (ENH, ESGR, ACGL, MHLD, VR)

[May 10, 2013]

Highest P/E Ratio in the Reinsurance Industry Detected in Shares of Endurance Specialty (ENH, ESGR, ACGL, MHLD, VR)

May 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Reinsurance 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.Endurance Specialty ranks highest with a a P/E ratio of 41.34. Following is Enstar Group with a a P/E ratio of 17.83. Arch Capital ranks third highest with a a P/E ratio of 17.49.


Maiden Holdings follows with a a P/E ratio of 16.82, and Validus Holdings rounds out the top five with a a P/E ratio of 11.84.

SmarTrend recommended that subscribers consider buying shares of Endurance Specialty on December 19th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $40.39. Since that recommendation, shares of Endurance Specialty have risen 25.3%. We continue to monitor Endurance Specialty 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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