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Perceptron is Among the Companies in the Electronic Equipment & Instruments Industry With the Highest P/E Ratio (PRCP, MLAB, FARO, CGNX, BMI)

By Shiri Gupta

Below are the three companies in the Electronic Equipment & Instruments 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.

Perceptron ranks highest with a a P/E ratio of 68.61. Mesa Laboratories is next with a a P/E ratio of 43.78. FARO Technologies ranks third highest with a a P/E ratio of 38.62.

Cognex follows with a a P/E ratio of 38.59, and Badger Meter rounds out the top five with a a P/E ratio of 35.87.

SmarTrend recommended that subscribers consider buying shares of Perceptron on July 8th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $5.01. Since that recommendation, shares of Perceptron have risen 15.8%. We continue to monitor Perceptron for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio perceptron mesa laboratories faro technologies cognex badger meter