[May 21, 2013] Eltek has the Lowest P/E Ratio in the Electronic Components Industry (ELTK, GLW, CLFD, DLB, LFUS) Tweet May 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Components 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.Eltek ranks lowest with a a P/E ratio of 7.38. Following is Corning with a a P/E ratio of 12.74. Clearfield ranks third lowest with a a P/E ratio of 13.32. Dolby Laboratories follows with a a P/E ratio of 16.80, and Littelfuse rounds out the bottom five with a a P/E ratio of 18.89. SmarTrend recommended that subscribers consider buying shares of Littelfuse on April 30th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $69.35. Since that recommendation, shares of Littelfuse have risen 8.1%. We continue to monitor Littelfuse 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 ]