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Top 5 Companies in the Electrical Components & Equipment Industry With the Lowest P/E Ratio (LIWA, MAG, JST, CCIX, ENS)May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electrical Components & Equipment industry with the lowest 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.Lihua International ranks lowest with a a P/E ratio of 2.99. Following is Magnetek with a a P/E ratio of 7.50. Jinpan International ranks third lowest with a a P/E ratio of 7.73. Coleman Cable follows with a a P/E ratio of 12.67, and EnerSys rounds out the bottom five with a a P/E ratio of 13.38. SmarTrend recommended that subscribers consider buying shares of Lihua International on October 22nd, 2012 as our technology indicated a new Uptrend was in progress when shares hit $4.20. Since that recommendation, shares of Lihua International have risen 41.9%. We continue to monitor Lihua International 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 |
