Thursday, June 29, 2017

Zacks: Publishing underperforms market

Zacks: Publishing underperforms market: Considering the industry’s trailing 12-month price-to-earnings (P/E) ratio, the industry looks “pretty undervalued,” according to Zacks, when compared with the S&P 500. The industry has a trailing 12-month P/E ratio of 19.22, above its median level of 16.28 and in-line with the high level scaled in the past year. However, this compares favorably with the market at large, as the trailing 12-month P/E for the S&P 500 is at 20.30 and the median level is 19.40.

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