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