Apr 16, 2012 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Semiconductors industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.Kopin ranks highest with a a forward P/E ratio of 75.40. Following is AuthenTec with a a forward P/E ratio of 50.79. MIPS Technologies ranks third highest with a a forward P/E ratio of 48.54.
Exar follows with a a forward P/E ratio of 48.30, and DSP Group rounds out the top five with a a forward P/E ratio of 37.88.
SmarTrend recommended that subscribers consider buying shares of DSP Group on January 11th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.81. Since that recommendation, shares of DSP Group have risen 10.8%. We continue to monitor DSP Group for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Write to Chip Brian at cbrian@mysmartrend.com
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