[April 24, 2013] Relatively Low Forward P/E Ratio Detected in Shares of Amkor Technology in the Semiconductor Equipment Industry (AMKR, KLIC, TER, GTAT, CSCD) Tweet Apr 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Semiconductor Equipment industry with the lowest 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.Amkor Technology ranks lowest with a a forward P/E ratio of 4.45. Kulicke & Soffa Industries is next with a a forward P/E ratio of 5.03. Teradyne ranks third lowest with a a forward P/E ratio of 7.82. GT Advanced Technologies follows with a a forward P/E ratio of 9.19, and Cascade Microtech rounds out the bottom five with a a forward P/E ratio of 9.46. SmarTrend recommended that subscribers consider buying shares of Cascade Microtech on August 7th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $5.13. Since that recommendation, shares of Cascade Microtech have risen 38.8%. We continue to monitor Cascade Microtech 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 [ Back To TMCnet.com's Homepage ]