$NCT cheapest #stock by PE in Real Estate Investment Trusts industry; PE 3.62 vs.avg. 39.059547

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 3.62 while the average stock in the industry goes for
39.059547.

By book value, the stock has been trading at 1.65 times P/B.

The stock last changed hands for $4.71. In the past year, it has traded in
a range between $2.55 - $5.23