Price Over Earnings Overview: Sanmina
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Sanmina Inc. (NASDAQ:SANM) shares are currently priced at $119.35, reflecting a 0.36% increase. Over the past month, the stock has decreased by 4.78%, but it has surged by 80.33% in the last year. The company's P/E ratio stands at 25.46, significantly lower than the industry average of 120.3, suggesting potential undervaluation. While a lower P/E may indicate less expected growth, it should be analyzed alongside other financial metrics and market trends for informed investment decisions.
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