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TMCNet: Shares of Assurant Rank the Lowest in Terms of P/E Ratio in the Multi-line Insurance Industry (AIZ, HIG, AIG, HMN, HCC)

[March 21, 2013]

Shares of Assurant Rank the Lowest in Terms of P/E Ratio in the Multi-line Insurance Industry (AIZ, HIG, AIG, HMN, HCC)

Mar 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Multi-line Insurance 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.Assurant ranks lowest with a a P/E ratio of 8.58. Following is Hartford Financial Services with a a P/E ratio of 9.34. American International ranks third lowest with a a P/E ratio of 9.80.
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Horace Mann Educators follows with a a P/E ratio of 9.93, and HCC Insurance Holdings rounds out the bottom five with a a P/E ratio of 11.15.

SmarTrend recommended that subscribers consider buying shares of HCC Insurance Holdings on August 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $32.30. Since that recommendation, shares of HCC Insurance Holdings have risen 28.8%. We continue to monitor HCC Insurance 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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