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Fox Factory Hold is Among the Companies in the Auto Parts & Equipment Industry With the Highest Forward P/E Ratio (FOXF, DORM, THRM, SMP, SRI)

By David Diaz

Below are the three companies in the Auto Parts & Equipment 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.

Fox Factory Hold ranks highest with a a forward P/E ratio of 32.73. Following is Dorman Products with a a forward P/E ratio of 17.86. Gentherm Inc ranks third highest with a a forward P/E ratio of 14.69.

Standard Motor follows with a a forward P/E ratio of 13.58, and Stoneridge Inc rounds out the top five with a a forward P/E ratio of 12.08.

SmarTrend recommended that subscribers consider buying shares of Stoneridge Inc on January 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $25.81. Since that recommendation, shares of Stoneridge Inc have risen 8.5%. We continue to monitor Stoneridge Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio fox factory hold dorman products gentherm inc standard motor stoneridge inc

Ticker(s): FOXF DORM THRM SMP SRI