• Return to Headlines

Top 5 Companies in the Semiconductors Industry With the Highest Forward P/E Ratio (CREE, AMD, OLED, IPHI, DSPG)

By Amy Schwartz

Below are the three companies in the Semiconductors 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.

Cree Inc ranks highest with a a forward P/E ratio of 90.21. Adv Micro Device is next with a a forward P/E ratio of 83.23. Universal Displa ranks third highest with a a forward P/E ratio of 62.45.

Inphi Corp follows with a a forward P/E ratio of 49.86, and Dsp Group Inc rounds out the top five with a a forward P/E ratio of 44.67.

SmarTrend recommended that subscribers consider buying shares of Inphi Corp on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $64.81. Since that recommendation, shares of Inphi Corp have risen 27.6%. We continue to monitor Inphi Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio cree inc adv micro device universal displa inphi corp dsp group inc