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Ultra Clean Hold has the Lowest Forward P/E Ratio in the Semiconductor Equipment Industry (UCTT, COHU, VECO, AEIS, MKSI)

By James Quinn

Below are the three companies in the Semiconductor Equipment industry with the lowest 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.

Ultra Clean Hold ranks lowest with a a forward P/E ratio of 5.65. Following is Cohu Inc with a a forward P/E ratio of 5.87. Veeco Instrument ranks third lowest with a a forward P/E ratio of 7.02.

Adv Energy Inds follows with a a forward P/E ratio of 7.61, and Mks Instruments rounds out the bottom five with a a forward P/E ratio of 8.56.

SmarTrend recommended that its subscribers protect gains by selling shares of Adv Energy Inds on February 20th, 2020 by issuing a Downtrend alert when the shares were trading at $69.96. Since that call, shares of Adv Energy Inds have fallen 44.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio ultra clean hold cohu inc veeco instrument adv energy inds mks instruments

Ticker(s): UCTT COHU VECO AEIS MKSI