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Highest Forward P/E Ratio in the Health Care Technology Industry Detected in Shares of Veeva Systems-A (VEEV, HSTM, VCRA, OMCL, MDSO)

By James Quinn

Below are the three companies in the Health Care Technology industry with the highest 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.

Veeva Systems-A ranks highest with a a forward P/E ratio of 79.25. Healthstream Inc is next with a a forward P/E ratio of 73.22. Vocera Communica ranks third highest with a a forward P/E ratio of 47.00.

Omnicell Inc follows with a a forward P/E ratio of 38.07, and Medidata Solutio rounds out the top five with a a forward P/E ratio of 35.93.

SmarTrend is monitoring the recent change of momentum in Medidata Solutio. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Medidata Solutio in search of a potential trend change.

Keywords: highest forward p/e ratio veeva systems-a :hstm healthstream inc vocera communica omnicell inc medidata solutio

Ticker(s): VEEV VCRA OMCL MDSO