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TMCNet:  Relatively High P/E Ratio Detected in Shares of Cavco Industries in the Homebuilding Industry (CVCO, TOL, RYL, LEN, MDC)

[February 12, 2013]

Relatively High P/E Ratio Detected in Shares of Cavco Industries in the Homebuilding Industry (CVCO, TOL, RYL, LEN, MDC)

Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Homebuilding 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.Cavco Industries ranks highest with a a P/E ratio of 61.21. Following is Toll Brothers with a a P/E ratio of 52.00. Ryland Group ranks third highest with a a P/E ratio of 35.42.

Lennar follows with a a P/E ratio of 30.68, and MDC Holdings rounds out the top five with a a P/E ratio of 29.48.

SmarTrend recommended that subscribers consider buying shares of Lennar on November 21st, 2012 as our technology indicated a new Uptrend was in progress when shares hit $38.33. Since that recommendation, shares of Lennar have risen 4.3%. We continue to monitor Lennar 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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