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CommVault Systems has the Highest P/E Ratio in the Systems Software Industry (CVLT, RHT, PVSW, ALLT, OPNT)Nov 12, 2012 (SmarTrend(R) News Watch via COMTEX) -- Below are the three companies in the Systems Software industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.CommVault Systems ranks highest with a a P/E ratio of 91.22. Following is Red Hat with a a P/E ratio of 66.22. Pervasive Software ranks third highest with a a P/E ratio of 62.64. Allot Communications follows with a a P/E ratio of 53.95, and Opnet Technologies rounds out the top five with a a P/E ratio of 52.11. SmarTrend recommended that subscribers consider buying shares of Opnet Technologies on May 16th, 2012 as our technology indicated a new Uptrend was in progress when shares hit $26.65. Since that recommendation, shares of Opnet Technologies have risen 56.4%. We continue to monitor Opnet Technologies for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup |