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.
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.
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's current PE ratio is under its 3, 5 and 10-year averages.
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 |
MGIC's price to earnings ratio is 15.4 as of Sep 6, 2024.
The average PE ratio for MGIC stock over the past 3 years is 20.81.
The average PE ratio for MGIC stock over the past 5 years is 25.27.
Over the last ten years, the Dec 2019 quarter recorded the highest quarterly PE ratio at 37.62.
MGIC's price to earnings ratio is currently 35% below its 10-year historical average.
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.