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Powell Inds Inc is Among the Companies in the Electrical Components & Equipment Industry With the Highest Forward P/E Ratio (POWL, BGC, THR, AME, AMOT)

By Nick Russo

Below are the three companies in the Electrical Components & 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.

Powell Inds Inc ranks highest with a a forward P/E ratio of 82.93. Gen Cable Corp is next with a a forward P/E ratio of 28.57. Thermon Group Ho ranks third highest with a a forward P/E ratio of 27.40.

Ametek Inc follows with a a forward P/E ratio of 23.56, and Allied Motion Te rounds out the top five with a a forward P/E ratio of 22.59.

SmarTrend recommended that its subscribers protect gains by selling shares of Allied Motion Te on November 20th, 2018 by issuing a Downtrend alert when the shares were trading at $44.95. Since that call, shares of Allied Motion Te have fallen 7.3%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest forward p/e ratio powell inds inc gen cable corp thermon group ho ametek inc allied motion te

Ticker(s): POWL BGC THR AME AMOT