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MGIC Magic Software Enterprises PE ratio, current and historical analysis

As of Jun 20, 2024, the Magic Software Enterprises stock's P/E ratio is 14.1. This takes into account the latest EPS of $0.73 and stock price of $10.29. The PE ratio has decreased by 3.4% from its last 4 quarters average of 14.6.

MGIC PE ratio history

How has MGIC's PE ratio performed in the past

The PE ratio of Magic Software Enterprises has averaged 23.87 over the last ten years. The current price-to-earnings ratio of 14.1 is 41% 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.

Average
23.87
Median
23.61
Minimum
12.92
Maximum
37.62

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

What is the average PE ratio of MGIC for the past years

MGIC's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
22
5-year avg
25.84
10-year avg
23.87
15-year avg
20.43

MGIC PE vs peers

What is MGIC's PE ratio compared to its peers

MGIC's PE ratio is below its peer stocks MSFT and ORCL.

Stock name PE ratio Market cap
MGIC Magic Software Enterprises Ltd. 14.1 $505.23M
IBM International Business Machines Corp 19.39 $159.76B
ORCL Oracle Corp 37.41 $393.84B
MSFT Microsoft Corp 38.46 $3.31T

Frequently asked questions

What is Magic Software Enterprises's PE ratio?

MGIC's price to earnings ratio is 14.1 as of Jun 20, 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 22.0.

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 25.84.

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 41% 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 (Jun 20, 2024), Magic Software Enterprises's share price is $10.29. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.73. Therefore, Magic Software Enterprises's price to earnings ratio for today is 14.1. PE RATIO(14.1) = STOCK PRICE($10.29) / TTM EPS($0.73)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.