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Thursday, October 6, 2016

$FORTY cheapest #stock by PE in EDP Services industry; PE 7.98 vs.avg. 32.932106

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 7.98 while the average stock in the industry goes for
32.932106.

By book value, the stock has been trading at 1.69 times P/B.

The stock last changed hands for $39.87. In the past year, it has traded in
a range between $23.54 - $42.2

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