P/E ratio for American Software (AMSWA)
P/E ratio as of April 2024 (TTM): 33.0
According to American Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.0312. At the end of 2022 the company had a P/E ratio of 45.9.
P/E ratio history for American Software from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 45.9 | -38.65% |
| 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 | -25.7% |
| 2011 | 24.9 | -11.84% |
| 2010 | 28.2 | -15.38% |
| 2009 | 33.3 | -14.89% |
| 2008 | 39.2 | 79.71% |
| 2007 | 21.8 | -21.37% |
| 2006 | 27.7 | -57.61% |
| 2005 | 65.4 | 127.76% |
| 2004 | 28.7 | 52.39% |
| 2003 | 18.8 | 448.13% |
| 2002 | 3.44 | -102.96% |
| 2001 | -116 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 36.4 | 10.26% | 🇺🇸 USA |
 Oracle ORCL | 33.4 | 1.21% | 🇺🇸 USA |
 SAP SAP | 33.6 | 1.68% | 🇩🇪 Germany |
 IBM IBM | 23.8 | -27.90% | 🇺🇸 USA |
 Manhattan Associates
MANH | 86.3 | 161.29% | 🇺🇸 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.