[April 24, 2013] Lowest Forward P/E Ratio in the Communications Equipment Industry Detected in Shares of Cogo Group (COGO, CRNT, RDWR, EMKR, BRCD) Tweet Apr 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Communications 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.Cogo Group ranks lowest with a a forward P/E ratio of 2.84. Following is Ceragon Networks with a a forward P/E ratio of 5.63. Radware ranks third lowest with a a forward P/E ratio of 5.85. Emcore follows with a a forward P/E ratio of 7.89, and Brocade Communications Systems rounds out the bottom five with a a forward P/E ratio of 8.25. SmarTrend recommended that its subscribers protect gains by selling shares of Emcore on April 8th, 2013 by issuing a Downtrend alert when the shares were trading at $5.20. Since that call, shares of Emcore have fallen 7.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time. 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 ]