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TMCNet: American Safety Insurance Hold has the Highest P/E Ratio in the Property & Casualty Insurance Industry (ASI, SBX, DGICA, IPCC, EIG)

[January 10, 2013]

American Safety Insurance Hold has the Highest P/E Ratio in the Property & Casualty Insurance Industry (ASI, SBX, DGICA, IPCC, EIG)

Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Property & Casualty Insurance 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.American Safety Insurance Hold ranks highest with a a P/E ratio of 99.35. Following is SeaBright Insurance Holdings with a a P/E ratio of 73.87. Donegal Group ranks third highest with a a P/E ratio of 37.24.
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Infinity Property & Casualty follows with a a P/E ratio of 29.20, and Employers Holdings rounds out the top five with a a P/E ratio of 27.29.

SmarTrend recommended that subscribers consider buying shares of Employers Holdings on March 26th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $17.93. Since that recommendation, shares of Employers Holdings have risen 18.0%. We continue to monitor Employers 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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