Patni Computer Systems (PTI)
Patni Computer Systems Beneish M-Score: -1.658
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PTI Beneish M-Score Rankings
| Overall | 9th percentile | 3417 of 3771 |
| Sector | 12th percentile | 687 of 785 in Technology |
| Industry | 10th percentile | 49 of 55 in Business Software & Services |
PTI Beneish M-Score Range, Past 5 Years
| Minimum | -3.136 | Dec 2008 |
| Maximum | -1.658 | Dec 2011 |
| Average | -2.358 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
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PTI News
US-based hedge fund Elliott Management Corp mops up Patni Computer Systems's floating stock ahead of delisting http://stks.co/29C3 $pti
about 123 days ago by DedicatedShort
about 123 days ago by DedicatedShort
Cognizant Technology Solutions Corp. Third Quarter Earnings Sneak Peek
Oct 28, 11:16AM Wall St. Cheat Sheet
Oct 28, 11:16AM Wall St. Cheat Sheet
Patni Computer Systems (PTI) Tops Q3 EPS by 5c, Sales Beat Expectations
Oct 18, 8:22AM Street Insider
Oct 18, 8:22AM Street Insider
Cognizant Technology Solutions Earnings Cheat Sheet: Fifth Consecutive Quarter of Double-Digit Growth
Aug 02, 10:40AM Wall St. Cheat Sheet
Aug 02, 10:40AM Wall St. Cheat Sheet
Scanning Market: If u are looking for short candidates: $PTI Strong resistances at sma200weekly, closed friday at 29.60.
about 361 days ago by patonet
about 361 days ago by patonet
$PTI http://chart.ly/ewfsu8u Dip buyers stepped in today. Retracing, 38.2% fib next to test. STO _. MACD waterfall. Stalking.
about 401 days ago by 1nvestor
about 401 days ago by 1nvestor
RT @BloombergNow IGate-Led Group Said to Near Takeover of India's Patni Computer http://bit.ly/gQasug $IGTE $PTI
about 508 days ago by scott_gray
about 508 days ago by scott_gray
$PTI Patheon signs technology transfer agreement with Dendreon http://bit.ly/9cN3HF
about 665 days ago by TriggerNews
about 665 days ago by TriggerNews
$INFY $WIT $PTI http://chart.ly/efa28m --- Infosys earnings will be flat unless new clients are added.
about 788 days ago by ChitraCapital
about 788 days ago by ChitraCapital
$PTI - Patni Computer Systems - Stock chart with support/resistance levels and trendlines : http://bit.ly/pti-chart
about 805 days ago by patternstocks
about 805 days ago by patternstocks
$ptiは米の会社と提携と言う材料が出て動き始めた、さて続くかどうか
about 975 days ago by onmercury
about 975 days ago by onmercury
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PTI | 18.10 | +0.48 | +2.72% | 1.307B |
| PTH | 30.67 | -0.15 | -0.48% | |
| PTGI | 15.83 | +0.56 | +3.67% | 211.03M |
| PRGN | 0.5925 | +0.01 | +2.16% | 34.72M |
| PRFZ | 61.61 | -0.43 | -0.69% | |
| PRFT | 11.33 | -0.17 | -1.48% | 359.60M |
| PRF | 56.01 | -0.08 | -0.14% | |
| PRE | 71.50 | +0.97 | +1.38% | 4.612B |
| PCLN | 624.99 | -12.77 | -2.00% | 31.76B |
| PCL | 36.51 | +0.22 | +0.61% | 5.858B |
