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Gentherm Inc has the Highest P/E Ratio in the Auto Parts & Equipment Industry (THRM, FOXF, GNTX, DORM, SMP)

By Nick Russo

Below are the three companies in the Auto Parts & 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.

Gentherm Inc ranks highest with a a P/E ratio of 73.56. Fox Factory Hold is next with a a P/E ratio of 45.66. Gentex Corp ranks third highest with a a P/E ratio of 22.43.

Dorman Products follows with a a P/E ratio of 21.34, and Standard Motor rounds out the top five with a a P/E ratio of 20.38.

SmarTrend is tracking the current trend status for Gentherm Inc and will alert subscribers who have THRM in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio gentherm inc fox factory hold gentex corp dorman products standard motor

Ticker(s): THRM FOXF GNTX DORM SMP