 Looking into the current session, GreenSky Inc. NASDAQ: GSKY shares are trading at 5.15, after a 6.30 rise. Moreover, over the past month, the stock increased by 0.78, but in the past year, fell by 56.28. Shareholders might be interested in knowing whether the stock is undervalued, even if the company is performing up to par in the current session.The stock is currently higher from its 52 week low by 68.86. Assuming that all other factors are held constant, this could present itself as an opportunity for investors trying to diversify their portfolio with Infrastructure Software stocks, and capitalize on the lower share price observed over the year.The PE ratio measures the current share price to the companys earnings per share. It is used by long-term investors to analyze the companys current performance against its past earnings, historical data and aggregate market data for the industry or the indices, such as SP; 500. A higher PE indicates that investors expect the company to perform better in the future, and the stock is probably overvalued, but not necessarily. It also shows that investors are willing to pay a higher share price currently, because they expect the company to perform better in the upcoming quarters. This leads investors to also remain optimistic about rising dividends in the future.Most often, an industry will prevail in a particular phase of a business cycle, than other industries.Compared to the aggregate PE ratio of 6.66 in the Infrastructure Software industry, GreenSky Inc. has a higher PE ratio of 12.42. Shareholders might be inclined to think that GreenSky Inc. might perform better than its industry group. Its also possible that the stock is overvalued.Price to earnings ratio is not always a great indicator of the companys performance. Depending on the earnings makeup of a company, investors may not be able to attain key insights from trailing earnings.See more from Benzinga Stocks That Hit 52-Week Lows On Thursday PE Ratio Insights for Huami Stocks That Hit 52-Week Highs On ThursdayC 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 