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Shares of First Solar Rank the Lowest in Terms of P/E Ratio in the Semiconductors Industry (FSLR, CRUS, SIMO, IMOS, INTC)Jun 21, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Semiconductors 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.First Solar ranks lowest with a a P/E ratio of 7.54. Following is Cirrus Logic with a a P/E ratio of 8.58. Silicon Motion Technology ranks third lowest with a a P/E ratio of 9.72. ChipMOS TECHNOLOGIES Bermuda follows with a a P/E ratio of 11.95, and Intel rounds out the bottom five with a a P/E ratio of 12.19. SmarTrend recommended that subscribers consider buying shares of Intel on April 10th, 2013 as our technology indicated a new Uptrend was in progress when shares hit $22.07. Since that recommendation, shares of Intel have risen 9.6%. We continue to monitor Intel 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 |