P/E ratio for Sapiens (SPNS)
P/E ratio as of April 2024 (TTM): 30.2
According to Sapiens's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.2136. At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for Sapiens from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.3 | -51.94% |
| 2021 | 40.1 | -11.01% |
| 2020 | 45.0 | 31.13% |
| 2019 | 34.3 | 24.49% |
| 2018 | 27.6 | -64.1% |
| 2017 | 76.8 | 114.23% |
| 2016 | 35.9 | 47.62% |
| 2015 | 24.3 | 5.45% |
| 2014 | 23.0 | -13.37% |
| 2013 | 26.6 | 92.75% |
| 2012 | 13.8 | -22.96% |
| 2011 | 17.9 | 117.97% |
| 2010 | 8.21 | -0.59% |
| 2009 | 8.26 | -107.65% |
| 2008 | -108 | 1118.05% |
| 2007 | -8.87 | 95.07% |
| 2006 | -4.55 | 124.32% |
| 2005 | -2.03 | -67.29% |
| 2004 | -6.20 | 59.37% |
| 2003 | -3.89 | 349.4% |
| 2002 | -0.8651 | 226.25% |
| 2001 | -0.2652 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Formula Systems
FORTY | 17.5 | -42.04% | 🇮🇱 Israel |
 FICO FICO | 71.4 | 136.45% | 🇺🇸 USA |
 Ebix EBIX | 1.07 | -96.45% | 🇺🇸 USA |
 Benefitfocus BNFT | -14.2 | -147.02% | 🇺🇸 USA |
 Guidewire Software
GWRE | -84.1 | -378.29% | 🇺🇸 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.