TMCnet News
eMagin is Among the Companies in the Electronic Manufacturing Services Industry With the Highest P/E Ratio (EMAN, TRMB, CTS, MXWL, IPGP)Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Manufacturing Services 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.eMagin ranks highest with a a P/E ratio of 83.75. Trimble Navigation is next with a a P/E ratio of 37.71. CTS ranks third highest with a a P/E ratio of 35.57. Maxwell Technologies follows with a a P/E ratio of 29.56, and IPG Photonics rounds out the top five with a a P/E ratio of 24.19. SmarTrend recommended that subscribers consider buying shares of IPG Photonics on October 17th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $60.25. Since that recommendation, shares of IPG Photonics have risen 11.6%. We continue to monitor IPG Photonics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. 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 |