Jan 10, 2013 (SmarTrend(R) News Watch via COMTEX) --
Below are the three companies in the Semiconductors 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.Supertex ranks highest with a a P/E ratio of 77.52. Following is Cree with a a P/E ratio of 71.36. Integrated Device Technology ranks third highest with a a P/E ratio of 68.09.
EZchip Semiconductor follows with a a P/E ratio of 66.08, and Omnivision Technologies rounds out the top five with a a P/E ratio of 52.86.
SmarTrend is monitoring the recent change of momentum in EZchip Semiconductor. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of EZchip Semiconductor in search of a potential trend change.
Write to Chip Brian at cbrian@mysmartrend.com
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