Ansys
ANSS
#612
Rank
$29.10 B
Marketcap
$332.80
Share price
2.07%
Change (1 day)
3.90%
Change (1 year)

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
202176.86.67%
202072.049.73%
201948.167.96%
201828.6-40.8%
201748.459.05%
201630.4-7.25%
201532.810.4%
201429.7
201230.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
31.1-43.86%๐Ÿ‡บ๐Ÿ‡ธ USA
72.8 31.41%๐Ÿ‡บ๐Ÿ‡ธ USA
67.1 21.21%๐Ÿ‡บ๐Ÿ‡ธ USA
18.5-66.56%๐Ÿ‡บ๐Ÿ‡ธ USA
62.6 13.04%๐Ÿ‡บ๐Ÿ‡ธ USA
44.0-20.62%๐Ÿ‡บ๐Ÿ‡ธ 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.