TMCnet News
Relatively High Forward P/E Ratio Detected in Shares of API Technologies in the Aerospace & Defense Industry (ATNY, KEYW, TASR, GY, ASEI)Jan 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Aerospace & Defense 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.API Technologies ranks highest with a a forward P/E ratio of 97.67. Following is Keyw Holding Corp with a a forward P/E ratio of 48.15. Taser International ranks third highest with a a forward P/E ratio of 30.73. GenCorp follows with a a forward P/E ratio of 27.86, and American Science & Engineering rounds out the top five with a a forward P/E ratio of 26.53. SmarTrend is monitoring the recent change of momentum in GenCorp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of GenCorp in search of a potential trend change. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |