TMCnet News
Trimble Navigation is Among the Companies in the Electronic Manufacturing Services Industry With the Highest P/E Ratio (TRMB, CTS, PKE, MXWL, IPGP)Mar 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Electronic Manufacturing Services industry with the highest 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.Trimble Navigation ranks highest with a a P/E ratio of 38.75. CTS is next with a a P/E ratio of 35.68. Park Electrochemical ranks third highest with a a P/E ratio of 27.92. Maxwell Technologies follows with a a P/E ratio of 22.44, and IPG Photonics rounds out the top five with a a P/E ratio of 21.91. SmarTrend is tracking the current trend status for IPG Photonics and will alert subscribers who have IPGP in their portfolio or watchlist when shares have changed trend direction. 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 |