Top 5 Companies in the Health Care Technology Industry With the Highest Forward P/E Ratio (ATHN, HSTM, MDSO, HMSY, SLP)
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.
athenahealth ranks highest with a a forward P/E ratio of 78.02. Following is HealthStream with a a forward P/E ratio of 69.31. Medidata Solutions ranks third highest with a a forward P/E ratio of 46.06.
HMS Holdings follows with a a forward P/E ratio of 33.98, and Simulations Plus rounds out the top five with a a forward P/E ratio of 29.14.
SmarTrend is tracking the current trend status for Simulations Plus and will alert subscribers who have SLP in their portfolio or watchlist when shares have changed trend direction.
Keywords: highest forward p/e ratio Athenahealth healthstream medidata solutions hms holdings simulations plus