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Relatively High P/E Ratio Detected in Shares of Qualys Inc in the Systems Software Industry (QLYS, VMW, MSFT, SYMC, PRGS)

By Amy Schwartz

Below are the three companies in the Systems Software industry with the highest 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.

Qualys Inc ranks highest with a a P/E ratio of 89.97. Following is Vmware Inc-Cl A with a a P/E ratio of 43.76. Microsoft Corp ranks third highest with a a P/E ratio of 40.22.

Symantec Corp follows with a a P/E ratio of 38.76, and Progress Softwar rounds out the top five with a a P/E ratio of 35.94.

SmarTrend recommended that subscribers consider buying shares of Vmware Inc-Cl A on September 4th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $144.48. Since that recommendation, shares of Vmware Inc-Cl A have risen 14.7%. We continue to monitor Vmware Inc-Cl A for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio qualys inc vmware inc-cl a microsoft corp symantec corp progress softwar