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Kansas City Life Insurance is Among the Companies in the Life & Health Insurance Industry With the Highest P/E Ratio (KCLI, IHC, CNO, FFG, SFG)
Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Life & Health 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.Kansas City Life Insurance ranks highest with a a P/E ratio of 15.80. Independence Holding is next with a a P/E ratio of 14.68. CNO Financial ranks third highest with a a P/E ratio of 14.57.
FBL Financial Group follows with a a P/E ratio of 12.50, and StanCorp Financial Group rounds out the top five with a a P/E ratio of 11.68.
SmarTrend recommended that subscribers consider buying shares of StanCorp Financial Group on September 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $31.92. Since that recommendation, shares of StanCorp Financial Group have risen 17.8%. We continue to monitor StanCorp Financial Group 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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UPDATED 4:51 PM EST - May 21, 2013
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