P/E ratio for Ansys (ANSS)
P/E ratio as of June 2024 (TTM): 57.5
According to Ansys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 57.5378. At the end of 2022 the company had a P/E ratio of 40.2.
P/E ratio history for Ansys from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 40.2 | -47.69% |
| 2021 | 76.8 | 6.67% |
| 2020 | 72.0 | 49.73% |
| 2019 | 48.1 | 67.96% |
| 2018 | 28.6 | -40.8% |
| 2017 | 48.4 | 59.05% |
| 2016 | 30.4 | -7.25% |
| 2015 | 32.8 | 10.4% |
| 2014 | 29.7 | -10.05% |
| 2013 | 33.0 | 7.91% |
| 2012 | 30.6 | 4.2% |
| 2011 | 29.4 | -4.66% |
| 2010 | 30.8 | -5.71% |
| 2009 | 32.7 | 58.17% |
| 2008 | 20.7 | -46.68% |
| 2007 | 38.7 | -62.58% |
| 2006 | 104 | 234.73% |
| 2005 | 30.9 | 8.07% |
| 2004 | 28.6 | 3.11% |
| 2003 | 27.8 | 78.67% |
| 2002 | 15.5 | -40.75% |
| 2001 | 26.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 34.3 | -40.36% | 🇺🇸 USA |
 Autodesk ADSK | 49.1 | -14.63% | 🇺🇸 USA |
 Cadence Design Systems CDNS | 81.2 | 41.12% | 🇺🇸 USA |
 General Dynamics GD | 24.5 | -57.37% | 🇺🇸 USA |
 Synopsys SNPS | 83.3 | 44.76% | 🇺🇸 USA |
 PTC PTC | 83.6 | 45.27% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.