P/E ratio for American Software (AMSWA)
P/E ratio as of March 2023 (TTM): 37.0
According to American Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37. At the end of 2021 the company had a P/E ratio of 74.8.
P/E ratio history for American Software from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 74.8 | -12.9% |
| 2020 | 85.9 | 32.7% |
| 2019 | 64.7 | 91.92% |
| 2018 | 33.7 | 73.91% |
| 2017 | 19.4 | -51.21% |
| 2016 | 39.7 | 40.5% |
| 2015 | 28.3 | -16.19% |
| 2014 | 33.7 | 29.9% |
| 2013 | 26.0 | 40.58% |
| 2012 | 18.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 30.6 | -17.19% | 🇺🇸 USA |
 Oracle ORCL | 28.8 | -22.17% | 🇺🇸 USA |
 SAP SAP | 59.5 | 60.94% | 🇩🇪 Germany |
 IBM IBM | 71.4 | 93.09% | 🇺🇸 USA |
 Manhattan Associates
MANH | 72.3 | 95.50% | 🇺🇸 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.