Shares of Zagg Rank the Lowest in Terms of Price to Book Ratio in the Consumer Electronics Industry (ZAGG, GPRO, HAR, GRMN, UEIC)
Below are the three companies in the Consumer Electronics industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Zagg ranks lowest with a a price to book ratio of 1.22. Gen-Probe is next with a a price to book ratio of 1.49. Harman International Industries ranks third lowest with a a price to book ratio of 2.22.
Garmin follows with a a price to book ratio of 2.36, and Universal Electronics rounds out the bottom five with a a price to book ratio of 3.43.
SmarTrend recommended that its subscribers protect gains by selling shares of Zagg on April 5th, 2016 by issuing a Downtrend alert when the shares were trading at $8.34. Since that call, shares of Zagg have fallen 29.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
Keywords: lowest price to book ratio amex:gpro Gen-Probe harman international industries Garmin universal electronics