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Relatively High Forward P/E Ratio Detected in Shares of Fox Factory Hold in the Auto Parts & Equipment Industry (FOXF, DORM, THRM, GNTX, SRI)

By Shiri Gupta

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 36.45. Dorman Products is next with a a forward P/E ratio of 15.97. Gentherm Inc ranks third highest with a a forward P/E ratio of 14.56.

Gentex Corp follows with a a forward P/E ratio of 14.43, and Stoneridge Inc rounds out the top five with a a forward P/E ratio of 13.12.

SmarTrend recommended that subscribers consider buying shares of Gentex Corp on June 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $23.25. Since that recommendation, shares of Gentex Corp have risen 17.5%. We continue to monitor Gentex Corp 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 gentex corp stoneridge inc

Ticker(s): FOXF DORM THRM GNTX SRI