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Shares of Healthstream Inc Rank the Highest in Terms of Forward P/E Ratio in the Health Care Technology Industry (HSTM, VEEV, VCRA, MDSO, ATHN)

By Nick Russo

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.

Healthstream Inc ranks highest with a a forward P/E ratio of 78.49. Following is Veeva Systems-A with a a forward P/E ratio of 46.88. Vocera Communica ranks third highest with a a forward P/E ratio of 33.63.

Medidata Solutio follows with a a forward P/E ratio of 31.88, and Athenahealth Inc rounds out the top five with a a forward P/E ratio of 31.76.

SmarTrend is tracking the current trend status for Athenahealth Inc and will alert subscribers who have ATHN in their portfolio or watchlist when shares have changed trend direction.

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

Ticker(s): HSTM VEEV VCRA MDSO ATHN