P/E ratio for Manhattan Associates (MANH)
P/E ratio as of June 2024 (TTM): 85.7
According to Manhattan Associates 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 85.7079. At the end of 2022 the company had a P/E ratio of 59.2.
P/E ratio history for Manhattan Associates from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 59.2 | -33.35% |
| 2021 | 88.9 | 14.89% |
| 2020 | 77.3 | 28.01% |
| 2019 | 60.4 | 126.72% |
| 2018 | 26.6 | -9.63% |
| 2017 | 29.5 | -3.8% |
| 2016 | 30.7 | -35.15% |
| 2015 | 47.3 | 26.52% |
| 2014 | 37.4 | 11.62% |
| 2013 | 33.5 | 46.44% |
| 2012 | 22.9 | 24.78% |
| 2011 | 18.3 | -21.43% |
| 2010 | 23.3 | -27.27% |
| 2009 | 32.1 | 90.58% |
| 2008 | 16.8 | -24.71% |
| 2007 | 22.3 | -47.27% |
| 2006 | 42.4 | 34.46% |
| 2005 | 31.5 | -3.68% |
| 2004 | 32.7 | -12.88% |
| 2003 | 37.6 | 41.25% |
| 2002 | 26.6 | -46.74% |
| 2001 | 49.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 38.2 | -55.45% | 🇺🇸 USA |
 IBM IBM | 22.2 | -74.09% | 🇺🇸 USA |
 Paycom
PAYC | 24.4 | -71.52% | 🇺🇸 USA |
 Descartes Systems
DSGX | 69.8 | -18.60% | 🇨🇦 Canada |
 Pegasystems PEGA | -120 | -239.77% | 🇺🇸 USA |
 American Software AMSWA | 28.4 | -66.89% | 🇺🇸 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.