TOKYO -- The growth outlook of Mitsubishi Heavy Industries has placed the Japanese manufacturer on par with large U.S. tech groups in terms of a key market metric.
Forward P/E ratio hits 28 as energy and defense fuel growth expectations

Mitsubishi Heavy Industries' gas turbine business and defense contracting business are expected to add greatly to profits. (Source photos by Mitsubishi Heavy Industries and Nikkei)
TOKYO -- The growth outlook of Mitsubishi Heavy Industries has placed the Japanese manufacturer on par with large U.S. tech groups in terms of a key market metric.