Below are the top five companies in the Application Software industry as measured by the price to book ratio.
Often companies with the lowest ratio present the greatest value to investors.
Ninetowns Internet Technology Group (NASDAQ:NINE) has a price to book ratio of 0.3x based on a current price of $1.4 and a book value per share of $4.33.
BluePhoenix Solutions (NASDAQ:BPHX) has a price to book ratio of 0.5x based on a current price of $1.59 and a book value per share of $3.43.
ePlus (NASDAQ:PLUS) has a price to book ratio of 0.8x based on a current price of $18.13 and a book value per share of $23.41.
Peerless Systems (NASDAQ:PRLS) has a price to book ratio of 1x based on a current price of $3.2 and a book value per share of $3.32.
Ulticom (NASDAQ:ULCM) has a price to book ratio of 1x based on a current price of $8.23 and a book value per share of $8.34.
SmarTrend is bullish on shares of PRLS and our subscribers were alerted to Buy on August 27, 2010 at $3.16. The stock has risen 1.3% since the alert was issued.
Source:http://www.mysmartrend.com/news-briefs/news-watch/top-5-companies-application-software-industry-offering-investors-best-value-n
