Relatively High Forward P/E Ratio Detected in Shares of Mercury Computer Systems in the Electronic Manufacturing Services Industry (MRCY, TRMB, FN, CTS, IPGP)
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.
Mercury Computer Systems ranks highest with a a forward P/E ratio of 30.03. Following is Trimble Navigation with a a forward P/E ratio of 22.44. Fabrinet ranks third highest with a a forward P/E ratio of 19.90.
CTS follows with a a forward P/E ratio of 16.69, and IPG Photonics rounds out the top five with a a forward P/E ratio of 16.40.
SmarTrend is monitoring the recent change of momentum in IPG Photonics. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of IPG Photonics in search of a potential trend change.
Keywords: highest forward p/e ratio mercury computer systems trimble navigation fabrinet ipg photonics