Relatively Low Forward P/E Ratio Detected in Shares of Unisys in the IT Consulting & Other Services Industry (UIS, LIOX, VRTU, IBM, CSC)
Below are the three companies in the IT Consulting & Other Services 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.
Unisys ranks lowest with a a forward P/E ratio of 3.25. Following is Lionbridge Technologies with a a forward P/E ratio of 7.42. Virtusa ranks third lowest with a a forward P/E ratio of 7.98.
International Business Machines follows with a a forward P/E ratio of 9.93, and Computer Sciences rounds out the bottom five with a a forward P/E ratio of 11.97.
SmarTrend recommended that subscribers consider buying shares of Computer Sciences on March 30th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.88. Since that recommendation, shares of Computer Sciences have risen 65.9%. We continue to monitor Computer Sciences for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest forward p/e ratio unisys lionbridge technologies virtusa International Business Machines computer sciences