MGIC
Price:
$25.23
Market Cap:
$1.24B
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company off...[Read more]
Industry
Information Technology Services
IPO Date
1991-08-30
Stock Exchange
NASDAQ
Ticker
MGIC
According to Magic Software Enterprises Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 30.77. This represents a change of 55.01% compared to the average of 19.85 of the last 4 quarters.
The mean historical PE Ratio of Magic Software Enterprises Ltd. over the last ten years is 21.59. The current 30.77 PE Ratio has changed 14.15% with respect to the historical average. Over the past ten years (40 quarters), MGIC's PE Ratio was at its highest in in the December 2016 quarter at 587.01. The PE Ratio was at its lowest in in the June 2024 quarter at 13.45.
Average
21.59
Median
20.15
Minimum
12.92
Maximum
34.49
Discovering the peaks and valleys of Magic Software Enterprises Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 38.20%
Maximum Annual PE Ratio = 34.49
Minimum Annual Increase = -43.66%
Minimum Annual PE Ratio = 12.92
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 16.04 | 24.15% |
| 2023 | 12.92 | -33.51% |
| 2022 | 19.43 | -43.66% |
| 2021 | 34.49 | 13.22% |
| 2020 | 30.47 | 29.11% |
| 2019 | 23.60 | 31.77% |
| 2018 | 17.91 | -28.47% |
| 2017 | 25.04 | 19.92% |
| 2016 | 20.88 | 38.20% |
| 2015 | 15.11 | -9.66% |
The current PE Ratio of Magic Software Enterprises Ltd. (MGIC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
16.13
5-year avg
22.67
10-year avg
21.59
Magic Software Enterprises Ltd.’s PE Ratio is greater than TaskUs, Inc. (13.40), greater than NETGEAR, Inc. (-29.60), greater than ScanSource, Inc. (13.52), greater than Cantaloupe, Inc. (12.00), greater than Cohu, Inc. (-16.03), greater than GigaCloud Technology Inc. (11.57), greater than BlackSky Technology Inc. (-7.63), less than Yext, Inc. (146.33), greater than CTS Corporation (22.24), less than Grid Dynamics Holdings, Inc. (58.92),
| Company | PE Ratio | Market cap |
|---|---|---|
| 13.40 | $1.09B | |
| -29.60 | $772.48M | |
| 13.52 | $908.42M | |
| 12.00 | $774.63M | |
| -16.03 | $1.17B | |
| 11.57 | $1.48B | |
| -7.63 | $687.11M | |
| 146.33 | $1.09B | |
| 22.24 | $1.32B | |
| 58.92 | $818.83M |
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