Infrastructure software stocks with the lowest PE ratio

Ranked

75

of 206 infrastructure software stocks we cover

Median

36.3×

Lowest

7.6×

CCSI

Range

7.6× to 281×

#	Company	PE	PE vs its 10 years	Revenue growth (TTM)	Market cap
1	CCSIConsensus Cloud Solutions	7.6×	74th pct	+1.5%	$686.6M
2	FIEEFiEE	9.3×	0th pct	n/m	$26.9M
3	OTEXOpen Text	10.8×	5th pct	+1.5%	$6.8B
4	MSGMMotorsport Games	11.4×	n/a	+78.6%	$22.5M
5	OSPNOneSpan	11.4×	33rd pct	+2.4%	$744M
6	LDOSLeidos	12.7×	4th pct	+3.4%	$17.1B
7	FATNFatpipe	13.7×	n/a	+23.2%	$75.3M
8	NTNXNutanix	13.7×	5th pct	+12.4%	$19.1B
9	GENGen Digital	14.5×	26th pct	+20.2%	$14.9B
10	IDNIntellicheck	16.3×	n/a	+16.7%	$49.5M
11	GDDYGoDaddy	16.7×	20th pct	+7.4%	$14.3B
12	SAICScience Applications International	17.0×	33rd pct	−0.8%	$6.1B
13	XZOExzeo	17.1×	n/a	+21.8%	$1.5B
14	BLKBBlackbaud	17.4×	9th pct	+0.7%	$2.5B
15	RBBNRibbon Communications	17.5×	46th pct	−7.6%	$250.4M
16	EGANEGAIN	17.8×	3rd pct	+3.1%	$148.7M
17	PTCPTC	18.9×	6th pct	+19.5%	$21B
18	ORCLOracle	19.8×	27th pct	+21.6%	$381.5B
19	DBXDropbox	21.0×	70th pct	−0.0%	$8.5B
20	PATHUiPath	21.1×	41st pct	+15.0%	$7.4B
21	MKTWMarketwise	21.6×	78th pct	−11.3%	$297M
22	NTCTNetscout Systems	24.2×	11th pct	+5.8%	$2.9B
23	FRSHFreshworks	24.2×	n/a	+15.6%	$4B
24	CPAYCorpay	24.9×	53rd pct	+20.4%	$26.8B
25	CCLDCareCloud	25.3×	n/a	+15.1%	$75.2M
26	ACIWACI Worldwide	25.6×	33rd pct	+7.0%	$5.6B
27	CACICaci International	26.3×	95th pct	+10.9%	$14B
28	ALRMAlarm.com	29.0×	21st pct	+8.7%	$3.1B
29	MSFTMicrosoft	29.2×	30th pct	+17.8%	$3.9T
30	PAYCPaycom Software	29.2×	21st pct	+9.2%	$12.4B
31	MKLYMcKinley Acquisition	30.2×	n/a	n/m	$250M
32	YOUClear Secure	30.9×	53rd pct	+19.8%	$6.1B
33	NTWKNetsol Technologies	31.4×	63rd pct	+12.5%	$93.9M
34	VRSNVeriSign	32.6×	63rd pct	+6.9%	$27.1B
35	AKAMAkamai Technologies	33.6×	62nd pct	+5.9%	$13.4B
36	PSNParsons	33.8×	34th pct	−5.8%	$5.2B
37	PCTYPaylocity	35.8×	9th pct	+11.0%	$9.4B
38	FFIVF5	36.3×	87th pct	+9.4%	$25.8B
39	TWLOTwilio	36.5×	n/a	+17.8%	$40.2B
40	QLYSQualys	37.5×	25th pct	+10.4%	$7.5B
41	KDKyndryl	41.0×	80th pct	−0.6%	$3.2B
42	WAYWaystar	41.2×	42nd pct	+19.2%	$5.5B
43	TOSTToast	41.4×	18th pct	+23.0%	$18.9B
44	BSYBentley Systems	43.6×	20th pct	+12.8%	$12B
45	SPSCSPS Commerce	44.7×	11th pct	+9.8%	$3.3B
46	APPFAppfolio	48.1×	37th pct	+20.7%	$7.5B
47	RPDRapid7	48.1×	42nd pct	+0.1%	$1B
48	QTWOQ2	49.6×	n/a	+13.9%	$4.3B
49	EVCMEverCommerce	51.3×	n/a	+4.2%	$1.6B
50	AVPTAvePoint	51.6×	19th pct	+25.0%	$3.5B
51	TYLTyler Technologies	51.7×	15th pct	+8.2%	$16B
52	DOCUDocusign	52.0×	68th pct	+8.6%	$15.9B
53	WFCFWhere Food Comes From	53.5×	66th pct	−2.2%	$74.6M
54	IIIVi3 Verticals	54.3×	16th pct	−0.4%	$457.2M
55	BLBlackline	62.1×	58th pct	+8.6%	$2B
56	BOXBox	62.6×	76th pct	+9.6%	$5.9B
57	FTNTFortinet	63.4×	60th pct	+18.8%	$132.1B
58	CXMSprinklr	66.9×	79th pct	+6.3%	$1.6B
59	MANHManhattan Associates	68.2×	58th pct	+6.5%	$13.9B
60	RDVTRed Violet	71.5×	49th pct	+20.2%	$1.3B
61	BBBLACKBERRY	74.3×	n/a	+14.4%	$5.2B
62	SNPSSynopsys	76.0×	84th pct	+46.3%	$82.4B
63	NCNOnCino	77.2×	n/a	+8.6%	$2.4B
64	AGYSAgilysys	79.9×	37th pct	+14.4%	$3.4B
65	CCCCCC Intelligent Solutions	95.9×	25th pct	+11.6%	$4.5B
66	WKWorkiva	103×	n/a	+19.7%	$4.7B
67	CVLTCommvault Systems	108×	67th pct	+15.5%	$7B
68	GWREGuidewire Software	117×	20th pct	+22.7%	$15.5B
69	DTDynatrace	128×	55th pct	+17.9%	$18.5B
70	OKTAOkta	128×	80th pct	+11.2%	$37.2B
71	XYZBlock	137×	61st pct	+5.1%	$45.9B
72	PDFSPDF Solutions	157×	57th pct	+23.0%	$1.7B
73	PLTRPalantir Technologies	168×	18th pct	+78.9%	$472.8B
74	MQMarqeta	171×	53rd pct	+22.4%	$2B
75	IOTSamsara	281×	n/a	+29.5%	$26.3B

Not ranked: 88 with a loss over the last year, 7 with not a meaningful number, 6 with a quarter missing, 5 with a value too high to mean anything, 1 with a value above 300× (too small a base to compare). 23 companies whose data behind this number has a caveat are left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.