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TMCNet:  Top 5 Companies in the Computer Hardware Industry With the Lowest Forward P/E Ratio (HPQ, DELL, AAPL, SGI, NCR)

[January 24, 2013]

Top 5 Companies in the Computer Hardware Industry With the Lowest Forward P/E Ratio (HPQ, DELL, AAPL, SGI, NCR)

Jan 24, 2013 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Computer Hardware 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.Hewlett-Packard ranks lowest with a a forward P/E ratio of 4.83. Following is Dell with a a forward P/E ratio of 7.92. Apple ranks third lowest with a a forward P/E ratio of 9.01.

Silicon Graphics International follows with a a forward P/E ratio of 10.82, and NCR rounds out the bottom five with a a forward P/E ratio of 10.84.

SmarTrend recommended that subscribers consider buying shares of Silicon Graphics International on December 10th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $9.09. Since that recommendation, shares of Silicon Graphics International have risen 31.3%. We continue to monitor Silicon Graphics International for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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