MGIC Magic Software Enterprises PE ratio, current and historical analysis
As of Sep 6, 2024, the Magic Software Enterprises stock's P/E ratio is 15.4. This takes into account the latest EPS of $0.68 and stock price of $10.47. The PE ratio has increased by 8% from its last 4 quarters average of 14.3.
MGIC PE ratio history
The PE ratio of Magic Software Enterprises has averaged 23.79 over the last ten years. The current price-to-earnings ratio of 15.4 is 35% less than the historical average. Analyzing the last ten years, MGIC's PE ratio reached its highest point in the Dec 2019 quarter at 37.62, when the price was $9.78 and the EPS was $0.26. The lowest point was recorded in the Dec 2023 quarter, when it reached 12.92 with a price of $9.69 and an EPS of $0.75.
Magic Software Enterprises PE ratio by year
Maximum annual increase: 92.33% in 2019
Maximum annual decrease: -43.05% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.92 | -33.88% |
| 2022 | 19.54 | -43.05% |
| 2021 | 34.31 | 7.42% |
| 2020 | 31.94 | -15.1% |
| 2019 | 37.62 | 92.33% |
| 2018 | 19.56 | -18.3% |
| 2017 | 23.94 | -3.08% |
| 2016 | 24.7 | 65.22% |
| 2015 | 14.95 | -9.56% |
| 2014 | 16.53 | -0.84% |
MGIC average PE ratio chart
MGIC's current PE ratio is under its 3, 5 and 10-year averages.
MGIC PE vs peers
MGIC's PE ratio is below its peer stocks MSFT and ORCL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MGIC Magic Software Enterprises Ltd. | 15.4 | $514.07M |
| IBM International Business Machines Corp | 21.77 | $184.91B |
| MSFT Microsoft Corp | 33.87 | $2.99T |
| ORCL Oracle Corp | 37.12 | $390.81B |
Frequently asked questions
What is Magic Software Enterprises's PE ratio?
MGIC's price to earnings ratio is 15.4 as of Sep 6, 2024.
What is the 3-year average PE ratio for Magic Software Enterprises (MGIC)?
The average PE ratio for MGIC stock over the past 3 years is 20.81.
What is the 5-year average PE ratio for Magic Software Enterprises (MGIC)?
The average PE ratio for MGIC stock over the past 5 years is 25.27.
What is the highest PE ratio for MGIC?
Over the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 37.62.
How does the current PE ratio for MGIC compare to its historical average?
MGIC's price to earnings ratio is currently 35% below its 10-year historical average.
How is MGIC's PE ratio calculated (Magic Software Enterprises PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Sep 6, 2024), Magic Software Enterprises's share price is $10.47. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.68. Therefore, Magic Software Enterprises's price to earnings ratio for today is 15.4. PE RATIO(15.4) = STOCK PRICE($10.47) / TTM EPS($0.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.