Relatively Low Price to Book Ratio Detected in Shares of Allot Communications in the Systems Software Industry (ALLT, ROVI, SYMC, PRGS, CA)
Below are the three companies in the Systems Software industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Allot Communications ranks lowest with a a price to book ratio of 1.00. Following is Rovi with a a price to book ratio of 1.42. Symantec ranks third lowest with a a price to book ratio of 2.28.
Progress Software follows with a a price to book ratio of 2.46, and CA Inc rounds out the bottom five with a a price to book ratio of 2.51.
SmarTrend recommended that subscribers consider buying shares of CA Inc on May 12th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $31.46. Since that recommendation, shares of CA Inc have risen 3.8%. We continue to monitor CA Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio allot communications Symantec progress software ca inc