The current PE ratio for Descartes Systems Group stock as of May 6, 2024 is 71.4. This is calculated based on the TTM EPS of $1.36 and the stock price of $97.11 per share. The PE ratio marks an increase of 21% from its last 4 quarters average of 59.2.
The average historical PE ratio of Descartes Systems Group for the last ten years is 76.76. The current P/E ratio of 71.4 is 7% lower than the historical average. Looking back at the last ten years, DSGX's PE ratio peaked in the Jul 2020 quarter at 112.66, when the price was $56.33 and the EPS was $0.5. The lowest point was in the Oct 2023 quarter, when it reached 53.49 with a price of $72.21 and an EPS of $1.35.
Maximum annual increase: 31.44% in 2020
Maximum annual decrease: -27.56% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 64.4 | 6.71% |
| 2023 | 60.35 | -15.41% |
| 2022 | 71.34 | -27.56% |
| 2021 | 98.48 | -1.1% |
| 2020 | 99.58 | 31.44% |
| 2019 | 75.76 | -6.47% |
| 2018 | 81 | 14.93% |
| 2017 | 70.48 | 6.9% |
| 2016 | 65.93 | -9.62% |
| 2015 | 72.95 | -23.91% |
The current PE ratio of DSGX is higher than the 3-year average, but it is lower than its 5 and 10-year averages.
DSGX's PE ratio stands higher than its peer stocks ORCL and MANH.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMSWA American Software Inc | 27.89 | $333.53M |
| ORCL Oracle Corp | 30.27 | $323.64B |
| MANH Manhattan Associates Inc | 69.73 | $13.31B |
| DSGX Descartes Systems Group Inc | 71.4 | $8.26B |
DSGX's price to earnings ratio is 71.4 as of May 6, 2024.
As an average over the last 3 years, DSGX stock has a PE ratio of 65.59.
As an average over the last 5 years, DSGX stock has a PE ratio of 78.3.
Over the last ten years, the Jul 2020 quarter recorded the highest quarterly PE ratio at 112.66.
The current PE ratio of DSGX is 7% lower than the 10-year historical average.
DSGX's PE ratio of 71.4 is considered high because the company's stock price is trading at a higher multiple of earnings.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 6, 2024), Descartes Systems Group's share price is $97.11. The company's earnings per share for the trailing twelve months (TTM) ending Jan 2024 is $1.36. Therefore, Descartes Systems Group's PE ratio for today is 71.4. PE RATIO(71.4) = STOCK PRICE($97.11) / TTM EPS($1.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.