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Computer Programs & Systems has the Lowest P/E Ratio in the Health Care Technology Industry (CPSI, QSII, SLP, CERN, OMCL)

By Nick Russo

Below are the three companies in the Health Care Technology industry with the lowest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Computer Programs & Systems ranks lowest with a a P/E ratio of 19.56. Following is Quality Systems with a a P/E ratio of 20.19. Simulations Plus ranks third lowest with a a P/E ratio of 24.64.

Cerner follows with a a P/E ratio of 36.00, and Omnicell rounds out the bottom five with a a P/E ratio of 46.15.

SmarTrend recommended that subscribers consider buying shares of Omnicell on April 18th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $28.34. Since that recommendation, shares of Omnicell have risen 25.3%. We continue to monitor Omnicell for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest p/e ratio computer programs & systems quality systems simulations plus cerner omnicell