Below are the five companies in the Computer Hardware industry with the lowest 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.
Hewlett-Packard (NYSE:HPQ) has the lowest with a P/E of 9.5x; Dell (NASDAQ:DELL) is next with a P/E of 10.5x; and Diebold (NYSE:DBD) has the next lowest with a P/E of 14.8x.
Cray (NASDAQ:CRAY) follows with a P/E of 16.9x and Super Micro Computer (NASDAQ:SMCI) rounds out the group with a P/E of 18.2x.
SmarTrend currently has shares of Super Micro Computer in an Uptrend and issued the Uptrend alert on October 01, 2010 at $10.98. The stock has risen 32.7% since the Uptrend alert was issued.
Source:http://www.zacks.com/research/get_news.php?id=074l4520
