Manhattan Associates, Inc.

MANH Technology Software Application

Manhattan Associates, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 3.75% from fiscal 2024.

Revenue
+11.0%
EPS
+8.25%
Free cash flow
−22.5%

Quarter to September 2026, against a year earlier

256.29 4.12 −1.58%
Market cap
$14.8B
P/E
71.0×
Fwd P/E
68.4×
Dividend yield
—
F-score
7/9
Altman Z
15.13
Beneish M
−3.40
Dividend safety
n/a

Manhattan Associates, Inc. (MANH) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Manhattan Associates, Inc. (MANH) trades at a P/B ratio of 74.3×. Over the past ten years it has ranged from 14.6× (November 2017) to 83.5× (August 2026); the current reading is higher than 99% of that period. That is above the Software Application industry median of 2.6× and above the Technology sector median of 2.5×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 33.3× (39.88%)
FY2024 55.4× 20.58%
FY2023 45.9× 37.16%
FY2022 33.5× (14.92%)
FY2021 39.4× 28.92%
FY2020 30.5× (15.42%)
FY2019 36.1× 89.36%
FY2018 19.1× (4.08%)
FY2017 19.9× (14.08%)
FY2016 23.1× (6.97%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 57.6× 10.91%
Jun 2026 51.9× 34.14%
Mar 2026 38.7× 16.31%
Dec 2025 33.3× (16.81%)
43 more quarters

Against its own ten years

Low 14.6× High 83.5×
Ten-year median 34.4×
Current reading's percentile 99

P/B ratio against peers

Company P/B ratio
FICO Fair Isaac Corporation compare n/m
GRAB Grab Holdings Limited compare 2.0×
SSNC SS&C Technologies Holdings, Inc. compare 2.8×
DT Dynatrace, Inc. compare 5.6×
TYL Tyler Technologies, Inc. compare 6.2×
DOCU Docusign Inc. compare 8.8×
BSY Bentley Systems, Incorporated compare 10.9×
GWRE Guidewire Software, Inc. compare 11.8×
MANH Manhattan Associates, Inc. 74.3×
Software Application industry median 2.6×
Technology sector median 2.5×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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