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Shares of Biostar Pharmaceuticals Rank the Lowest in Terms of P/E Ratio in the Pharmaceuticals Industry (BSPM, SKBI, POZN, DRRX, FRX)Jul 20, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Pharmaceuticals 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.Biostar Pharmaceuticals ranks lowest with a a P/E ratio of 1.02. Following is Skystar Bio-Pharmaceutical with a a P/E ratio of 1.18. Pozen ranks third lowest with a a P/E ratio of 4.81. Durect follows with a a P/E ratio of 4.90, and Forest Laboratories rounds out the bottom five with a a P/E ratio of 9.39. SmarTrend is tracking the current trend status for Forest Laboratories and will alert subscribers who have FRX in their portfolio or watchlist when shares have changed trend direction. 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 |