[June 17, 2013] Relatively High Forward P/E Ratio Detected in Shares of Universal Display in the Electronic Components Industry (PANL, PWER, APH, DTSI, LFUS) Tweet Jun 17, 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.Universal Display ranks highest with a a forward P/E ratio of 22.36. Power-One is next with a a forward P/E ratio of 21.83. Amphenol ranks third highest with a a forward P/E ratio of 17.85. DTS Inc follows with a a forward P/E ratio of 15.89, and Littelfuse rounds out the top five with a a forward P/E ratio of 15.80. 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 5.6%. 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 ]