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Sirius XM Radio Ranks the Lowest in Terms of P/E Ratio in the Cable & Satellite Industry (SIRI, DTV, DISH)

Published on Fri, 02/15/2013 - 11:15
By Adrienne Chilton

Below are the three companies in the Cable & Satellite 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.

Sirius XM Radio (NASDAQ:SIRI) is lowest with a P/E ratio of 5.90. Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.

Sirius XM Radio share prices have moved between a 52-week high of $3.25 and a 52-week low of $1.78 and are now trading 79% above that low price at $3.19 per share. Over the last five market days, the 200-day moving average (MA) has gone up 0.8% while the 50-day MA has advanced 1.1%.

Following is DIRECTV (NASDAQ:DTV) with a P/E ratio of 11.98.

Finishing up the bottom three is DISH Network (NASDAQ:DISH), with a P/E ratio of 13.78.

By Adrienne Chilton