According to Magic Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9. At the end of 2022 the company had a P/E ratio of 18.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 18.6 | -54.61% |
2021 | 41.0 | 31.12% |
2020 | 31.3 | -16.79% |
2019 | 37.6 | 87.34% |
2018 | 20.1 | -13.74% |
2017 | 23.3 | -8.27% |
2016 | 25.4 | 65.2% |
2015 | 15.4 | -7.06% |
2014 | 16.5 | 1.43% |
2013 | 16.3 | 56.02% |
2012 | 10.4 | -15.15% |
2011 | 12.3 | -40.25% |
2010 | 20.6 | 70.92% |
2009 | 12.1 | 22.41% |
2008 | 9.85 | 108.38% |
2007 | 4.73 | -133.6% |
2006 | -14.1 | 37.87% |
2005 | -10.2 | -138.37% |
2004 | 26.6 | -33.54% |
2003 | 40.0 | -666.93% |
2002 | -7.06 | 411.53% |
2001 | -1.38 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Microsoft MSFT | 36.9 | 185.68% | ๐บ๐ธ USA |
Oracle ORCL | 33.2 | 157.67% | ๐บ๐ธ USA |
SAP SAP | 35.4 | 174.09% | ๐ฉ๐ช Germany |
IBM IBM | 24.2 | 87.29% | ๐บ๐ธ USA |
Formula Systems
FORTY | 17.5 | 35.75% | ๐ฎ๐ฑ Israel |
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.