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Tuesday, August 23, 2016

$FORTY cheapest #stock by PE in EDP Services industry; PE 7.9649 vs.avg. 32.976402

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 7.9649 while the average stock in the industry goes for
32.976402.

By book value, the stock has been trading at 1.6241 times P/B.

The stock last changed hands for $39.7928. In the past year, it has traded
in a range between $23.54 - $40.02

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