[May 15, 2013] Measurement Specialties has the Highest Forward P/E Ratio in the Electronic Manufacturing Services Industry (MEAS, PKE, EMAN, IPGP, MOLX) Tweet May 15, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Manufacturing Services 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.Measurement Specialties ranks highest with a a forward P/E ratio of 20.11. Park Electrochemical is next with a a forward P/E ratio of 18.31. eMagin ranks third highest with a a forward P/E ratio of 17.15. IPG Photonics follows with a a forward P/E ratio of 16.67, and Molex rounds out the top five with a a forward P/E ratio of 16.35. SmarTrend recommended that subscribers consider buying shares of Measurement Specialties on December 6th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $31.39. Since that recommendation, shares of Measurement Specialties have risen 45.0%. We continue to monitor Measurement Specialties 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 ]