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Highest Forward P/E Ratio in the Electronic Manufacturing Services Industry Detected in Shares of Park Electrochem (PKE, CTS, FN, PLXS, IPGP)

By Amy Schwartz

Below are the three companies in the Electronic Manufacturing Services 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.

Park Electrochem ranks highest with a a forward P/E ratio of 21.33. Cts Corp is next with a a forward P/E ratio of 20.00. Fabrinet ranks third highest with a a forward P/E ratio of 16.97.

Plexus Corp follows with a a forward P/E ratio of 15.75, and Ipg Photonics rounds out the top five with a a forward P/E ratio of 15.62.

SmarTrend recommended that subscribers consider buying shares of Ipg Photonics on January 8th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $120.87. Since that recommendation, shares of Ipg Photonics have risen 27.3%. We continue to monitor Ipg Photonics for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio park electrochem cts corp fabrinet plexus corp ipg photonics

Ticker(s): PKE CTS FN PLXS IPGP