P/E ratio for Ansys (ANSS)
P/E ratio as of March 2023 (TTM): 55.4
According to Ansys's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.3774. At the end of 2021 the company had a P/E ratio of 76.8.
P/E ratio history for Ansys from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 | |
| 2012 | 30.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 31.1 | -43.86% | 🇺🇸 USA |
 Autodesk ADSK | 72.8 | 31.41% | 🇺🇸 USA |
 Cadence Design Systems CDNS | 67.1 | 21.21% | 🇺🇸 USA |
 General Dynamics GD | 18.5 | -66.56% | 🇺🇸 USA |
 Synopsys SNPS | 62.6 | 13.04% | 🇺🇸 USA |
 PTC PTC | 44.0 | -20.62% | 🇺🇸 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.