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Top 5 Companies in the Electrical Components & Equipment Industry With the Highest P/E Ratio (THR, AMOT, GNRC, AME, ROK)

By James Quinn

Below are the three companies in the Electrical Components & Equipment industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Thermon Group Ho ranks highest with a a P/E ratio of 49.89. Following is Allied Motion Te with a a P/E ratio of 45.21. Generac Holdings ranks third highest with a a P/E ratio of 39.64.

Ametek Inc follows with a a P/E ratio of 36.05, and Rockwell Automat rounds out the top five with a a P/E ratio of 28.08.

SmarTrend recommended that subscribers consider buying shares of Rockwell Automat on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $166.12. Since that recommendation, shares of Rockwell Automat have risen 24.7%. We continue to monitor Rockwell Automat for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio thermon group ho allied motion te generac holdings ametek inc rockwell automat

Ticker(s): THR AMOT GNRC AME ROK