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Shares of Tivo Corp Rank the Lowest in Terms of Forward P/E Ratio in the Systems Software Industry (TIVO, PRGS, SYMC, ORCL, VMW)

By Nick Russo

Below are the three companies in the Systems Software 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.

Tivo Corp ranks lowest with a a forward P/E ratio of 4.16. Following is Progress Softwar with a a forward P/E ratio of 13.40. Symantec Corp ranks third lowest with a a forward P/E ratio of 13.63.

Oracle Corp follows with a a forward P/E ratio of 14.01, and Vmware Inc-Cl A rounds out the bottom five with a a forward P/E ratio of 16.39.

SmarTrend recommended that its subscribers protect gains by selling shares of Progress Softwar on February 21st, 2020 by issuing a Downtrend alert when the shares were trading at $44.17. Since that call, shares of Progress Softwar have fallen 31.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest forward p/e ratio tivo corp progress softwar symantec corp oracle corp vmware inc-cl a