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Computer Program is Among the Companies in the Health Care Technology Industry With the Lowest Forward P/E Ratio (CPSI, MDRX, CERN, ATHN, INOV)

By Amy Schwartz

Below are the three companies in the Health Care Technology 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.

Computer Program ranks lowest with a a forward P/E ratio of 10.10. Following is Allscripts Healt with a a forward P/E ratio of 12.37. Cerner Corp ranks third lowest with a a forward P/E ratio of 23.95.

Athenahealth Inc follows with a a forward P/E ratio of 28.35, and Inovalon Holdi-A rounds out the bottom five with a a forward P/E ratio of 33.29.

SmarTrend is tracking the current trend status for Athenahealth Inc and will alert subscribers who have ATHN in their portfolio or watchlist when shares have changed trend direction.

Keywords: lowest forward p/e ratio computer program allscripts healt Cerner Corp athenahealth inc inovalon holdi-a

Ticker(s): CPSI MDRX CERN ATHN INOV