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Top 5 Companies in the Electronic Manufacturing Services Industry With the Highest Forward P/E Ratio (PKE, CTS, FN, PLXS, IPGP)

By Shiri Gupta

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.

Park Electrochem ranks highest with a a forward P/E ratio of 28.14. Cts Corp is next with a a forward P/E ratio of 17.84. Fabrinet ranks third highest with a a forward P/E ratio of 16.74.

Plexus Corp follows with a a forward P/E ratio of 14.03, and Ipg Photonics rounds out the top five with a a forward P/E ratio of 13.16.

SmarTrend recommended that subscribers consider buying shares of Fabrinet on November 2nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $45.73. Since that recommendation, shares of Fabrinet have risen 18.5%. We continue to monitor Fabrinet for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio park electrochem cts corp fabrinet plexus corp ipg photonics

Ticker(s): PKE CTS FN PLXS IPGP