By one measure, price-to-earnings ratio, Formula Systems (1985) Ltd. -
$FORTY is the cheapest stock in the EDP Services industry.
FORTY has a P/E of 6.857 while the average stock in the industry goes for
34.424603.
By book value, the stock has been trading at 1.384 times P/B.
The stock last changed hands for $32.758. In the past year, it has traded
in a range between $23.54 - $35.64
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