TMCNet:  Shares of Harman International Industries Rank the Highest in Terms of P/E Ratio in the Consumer Electronics Industry (HAR, UEIC, GRMN, ZAGG, MSN)

[February 12, 2013]

Shares of Harman International Industries Rank the Highest in Terms of P/E Ratio in the Consumer Electronics Industry (HAR, UEIC, GRMN, ZAGG, MSN)

Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Consumer Electronics 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.Harman International Industries ranks highest with a a P/E ratio of 16.25. Following is Universal Electronics with a a P/E ratio of 14.58. Garmin ranks third highest with a a P/E ratio of 12.14.


Zagg follows with a a P/E ratio of 9.86, and Emerson Radio rounds out the top five with a a P/E ratio of 3.82.

SmarTrend recommended that its subscribers protect gains by selling shares of Emerson Radio on October 22nd, 2012 by issuing a Downtrend alert when the shares were trading at $1.80. Since that call, shares of Emerson Radio have fallen 5.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

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