Research Frontiers is Among the Companies in the Electronic Equipment & Instruments Industry With the Highest Forward P/E Ratio (REFR, RLD, ESIO, CGNX, BMI)
Below are the three companies in the Electronic Equipment & Instruments 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.
Research Frontiers ranks highest with a a forward P/E ratio of 75.80. Following is RealD with a a forward P/E ratio of 36.67. Electro Scientific Industries ranks third highest with a a forward P/E ratio of 34.00.
Cognex follows with a a forward P/E ratio of 32.70, and Badger Meter rounds out the top five with a a forward P/E ratio of 31.42.
SmarTrend recommended that subscribers consider buying shares of Badger Meter on February 4th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $60.30. Since that recommendation, shares of Badger Meter have risen 19.5%. We continue to monitor Badger Meter for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest forward p/e ratio research frontiers reald electro scientific industries cognex badger meter