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Top 5 Companies in the Application Software Industry With the Lowest Price to Book Ratio (SNCR, RNWK, TNGO, TYPE, MSTR)

By David Diaz

Below are the three companies in the Application Software industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.

Synchronoss Tech ranks lowest with a a price to book ratio of 0.42. Following is Realnetworks Inc with a a price to book ratio of 1.27. Tangoe Inc/Ct ranks third lowest with a a price to book ratio of 1.37.

Monotype Imaging follows with a a price to book ratio of 2.12, and Microstrategy rounds out the bottom five with a a price to book ratio of 2.38.

SmarTrend recommended that its subscribers protect gains by selling shares of Monotype Imaging on September 25th, 2018 by issuing a Downtrend alert when the shares were trading at $19.95. Since that call, shares of Monotype Imaging have fallen 16.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: lowest price to book ratio synchronoss tech realnetworks inc :tngo tangoe inc/ct monotype imaging microstrategy

Ticker(s): SNCR RNWK TYPE MSTR