As of Nov 13, 2026, MANH's PEG ratio of 50.88 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 71.23 measured against EPS growth of 1.4%.
Manhattan Associates's ten years historical PEG ratio averages out to 11.33. Compared to historical data, MANH's 50.88 PEG ratio represents an increase of 349%. MANH hit its maximum PEG ratio of 68.72 during the Sep 2022 quarter over the last ten years. The Dec 2016 quarter marked the lowest reading at 1.35, indicating the most attractive growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 21.64 | 47.61 | 2.2% |
| 2024 | 3.1 | 75.91 | 24.5% |
| 2023 | 1.91 | 75.29 | 39.5% |
| 2022 | 3.33 | 59.22 | 17.8% |
| 2021 | 3.31 | 89.36 | 27% |
| 2020 | 25.59 | 76.77 | 3% |
| 2019 | N/A | 59.96 | -15.8% |
| 2018 | N/A | 26.82 | -6% |
| 2017 | N/A | 29.49 | -2.9% |
| 2016 | 1.35 | 30.65 | 22.7% |
| 2015 | 1.6 | 46.93 | 29.4% |
| 2014 | 1.56 | 37.36 | 23.9% |
| 2013 | 1 | 33.38 | 33.3% |
| 2012 | 1.14 | 22.86 | 20% |
| 2011 | 0.28 | 18.4 | 66.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 39.31 | 55.04 | 1.4% |
| Jun 2026 | N/A | 39.45 | -2.8% |
| Mar 2026 | 21.69 | 36.88 | 1.7% |
| Dec 2025 | 21.64 | 47.61 | 2.2% |
| Sep 2025 | N/A | 57.58 | 0% |
| Jun 2025 | 5.85 | 54.4 | 9.3% |
| Mar 2025 | 3.36 | 48.74 | 14.5% |
| Dec 2024 | 3.1 | 75.91 | 24.5% |
| Sep 2024 | 2.34 | 79.04 | 33.8% |
| Jun 2024 | 1.75 | 74.3 | 42.5% |
| Mar 2024 | 1.91 | 80.72 | 42.2% |
| Dec 2023 | 1.91 | 75.29 | 39.5% |
| Sep 2023 | 1.45 | 74.31 | 51.1% |
| Jun 2023 | 3.49 | 85.79 | 24.6% |
| Mar 2023 | 4.13 | 71.03 | 17.2% |
Measured against past performance, MANH's PEG ratio is above the 3, 5 and 10-year averages.
Manhattan Associates's PEG of 50.88 is higher than the Technology sector, the industry and its peers average.
Among its peer stocks MSFT and IBM, MANH's PEG ratio runs higher. Manhattan Associates's PEG ratio of 50.88 is above the peer average of 0.94.
According to Nov 13, 2026 figures, MANH's PEG ratio stands at 50.88.
MANH shows a 3-year average PEG ratio of 10.29.
MANH shows a 5-year average PEG ratio of 10.69.
MANH's PEG ratio topped out at 68.72 during the Sep 2022 quarter - the highest in ten years.
At present, MANH's PEG ratio runs 349% higher than its 10-year historical average.
When a company's earnings growth lags its valuation, the PEG ratio tends to be elevated - as seen with MANH's 50.88 reading.
PEG equals PE divided by EPS growth rate (YoY TTM). As of Nov 13, 2026, Manhattan Associates carries a PE ratio of 71.23. Earnings grew at 1.4% over the TTM period ending Sep 2026. Applying the formula, this yields a PEG ratio of 50.88. PEG RATIO(50.88) = PE RATIO(71.23) / EPS GROWTH(1.4%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.