As at Oct 2, 2023, the MANH stock has a PE ratio of 85.35. This is based on the current EPS of $2.33 and the stock price of $198.86 per share. An increase of 17% has been seen in the P/E ratio compared to the average of 72.9 of the last 4 quarters.
The mean historical PE ratio of Manhattan Associates over the last ten years is 50.6. The current 85.35 PE ratio is 69% above the historical average. Over the past ten years, MANH's PE ratio was at its highest in the Jun 2021 quarter at 93.45, with a price of $144.84 and an EPS of $1.55. The Sep 2017 quarter recorded the bottom point at 23.89, with a price of $41.57 and an EPS of $1.74.
Maximum annual increase: 123.56% in 2019
Maximum annual decrease: -34.69% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 59.22 | -33.73% |
| 2021 | 89.36 | 16.4% |
| 2020 | 76.77 | 28.04% |
| 2019 | 59.96 | 123.56% |
| 2018 | 26.82 | -9.05% |
| 2017 | 29.49 | -3.78% |
| 2016 | 30.65 | -34.69% |
| 2015 | 46.93 | 25.62% |
| 2014 | 37.36 | 11.92% |
| 2013 | 33.38 | 46.02% |
Currently, MANH's PE ratio is greater than its 3, 5 and 10-year historical averages.
Compared to its peer stocks MSFT and IBM, MANH's PE ratio stands higher. Manhattan Associates's PE ratio is trading above the peer group average of 44.74.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MSFT Microsoft Corp | 32.3 | $2.33T |
| AMSWA American Software Inc | 34.06 | $384.03M |
| PAYC Paycom Software Inc | 47.72 | $15.73B |
| IBM International Business Machines Corp | 63.35 | $128.12B |
| MANH Manhattan Associates Inc | 84.22 | $12.1B |
| PEGA Pegasystems Inc | N/A | $3.53B |
The price to earnings ratio for MANH stock as of Oct 2, 2023, stands at 85.35.
As an average over the last 3 years, MANH stock has a PE ratio of 78.25.
As an average over the last 5 years, MANH stock has a PE ratio of 66.64.
The highest quarterly PE ratio in the last ten years has been 93.45 and it was in the Jun 2021 quarter.
MANH's current price to earnings ratio is 69% above its 10-year historical average.
MANH's PE ratio of 85.35 is considered high because the company's stock price is trading at a higher multiple of earnings.
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Oct 2, 2023), Manhattan Associates's stock price is $198.86. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $2.33. Therefore, Manhattan Associates's P/E ratio for today is 85.35. PE RATIO(85.35) = STOCK PRICE($198.86) / TTM EPS($2.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.