DTS Inc is Among the Companies in the Electronic Components Industry With the Highest P/E Ratio (DTSI, BDC, DLB, LFUS, APH)
Below are the three companies in the Electronic Components 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.
DTS Inc ranks highest with a a P/E ratio of 86.60. Following is Belden with a a P/E ratio of 42.10. Dolby Laboratories ranks third highest with a a P/E ratio of 30.72.
Littelfuse follows with a a P/E ratio of 24.93, and Amphenol rounds out the top five with a a P/E ratio of 24.77.
SmarTrend recommended that subscribers consider buying shares of Dolby Laboratories on January 28th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $35.03. Since that recommendation, shares of Dolby Laboratories have risen 42.5%. We continue to monitor Dolby Laboratories for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest p/e ratio dts inc belden dolby laboratories littelfuse amphenol