They had a rough year, especially with the facilities from their Sanyo acquisition. First the tsunami shut one plant down in Japan. Then the flooding shut them down in Thailand and they have to build a new plant. The second half of the year will be better, but they're playing catch up.
when ai see forward PE like this if the estimates are just off a bit a 9 could turn into a 20 or 30. So I feel this has more to do with layoffs on WallStreet expected to reach 10,000 by the end of the year.