$NCT cheapest #stock by PE in Real Estate Investment Trusts industry; PE 3.19 vs.avg. 34.12351

By one measure, price-to-earnings ratio, Newcastle Investment Corporatio -
$NCT is the cheapest stock in the Real Estate Investment Trusts industry.

NCT has a P/E of 3.19 while the average stock in the industry goes for
34.12351.

By book value, the stock has been trading at 1.45 times P/B.

The stock last changed hands for $4.1. In the past year, it has traded in a
range between $2.55 - $4.88