P/E ratio for Descartes Systems (DSGX)
P/E ratio as of May 2024 (TTM): 70.3
According to Descartes Systems 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 70.2593. At the end of 2022 the company had a P/E ratio of 64.5.
P/E ratio history for Descartes Systems from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 64.5 | -22% |
| 2021 | 82.7 | -22.24% |
| 2020 | 106 | 4.54% |
| 2019 | 102 | 46.07% |
| 2018 | 69.6 | -16.64% |
| 2017 | 83.5 | 21% |
| 2016 | 69.0 | -17.49% |
| 2015 | 83.7 | 18.56% |
| 2014 | 70.6 | 21.22% |
| 2013 | 58.2 | 25.2% |
| 2012 | 46.5 | 55.87% |
| 2011 | 29.8 | 1.7% |
| 2010 | 29.3 | 83.02% |
| 2009 | 16.0 | 135.85% |
| 2008 | 6.80 | -82.2% |
| 2007 | 38.2 | -17.22% |
| 2006 | 46.1 | -55.93% |
| 2005 | 105 | -8001.28% |
| 2004 | -1.32 | 20.24% |
| 2003 | -1.10 | -73.35% |
| 2002 | -4.13 | -42.3% |
| 2001 | -7.16 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oracle ORCL | 33.0 | -52.98% | 🇺🇸 USA |
 SAP SAP | 33.9 | -51.82% | 🇩🇪 Germany |
 Manhattan Associates
MANH | 77.8 | 10.76% | 🇺🇸 USA |
 American Software AMSWA | 31.4 | -55.30% | 🇺🇸 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.