[May 15, 2013] Clearfield has the Highest Forward P/E Ratio in the Electronic Components Industry (CLFD, PANL, APH, PWER, DTSI) Tweet May 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Components 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.Clearfield ranks highest with a a forward P/E ratio of 21.91. Universal Display is next with a a forward P/E ratio of 20.89. Amphenol ranks third highest with a a forward P/E ratio of 19.14. Power-One follows with a a forward P/E ratio of 18.87, and DTS Inc rounds out the top five with a a forward P/E ratio of 18.00. SmarTrend recommended that subscribers consider buying shares of Power-One on January 3rd, 2013 as our technology indicated a new Uptrend was in progress when shares hit $4.54. Since that recommendation, shares of Power-One have risen 39.8%. We continue to monitor Power-One 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 ]