diff --git a/engine/labels/labels.go b/engine/labels/labels.go
index cdd8dbaa..c0174323 100644
--- a/engine/labels/labels.go
+++ b/engine/labels/labels.go
@@ -7,6 +7,7 @@ import (
 	"strings"
 
 	"github.com/PaesslerAG/gval"
+	"github.com/hashicorp/go-version"
 )
 
 const (
@@ -204,7 +205,7 @@ func getBooleanExpression(expr string, compareLabels map[string][]string) string
 			}
 			if labelVals, ok := compareLabels[exprLabelKey]; !ok {
 				replaceMap[toReplace] = "false"
-			} else if exprLabelVal != "" && !contains(exprLabelVal, labelVals) {
+			} else if exprLabelVal != "" && !matchesAny(exprLabelVal, labelVals) {
 				replaceMap[toReplace] = "false"
 			} else {
 				replaceMap[toReplace] = "true"
@@ -235,11 +236,58 @@ func tokenize(expr string) []string {
 	return tokens
 }
 
-func contains(elem string, items []string) bool {
+func matchesAny(elem string, items []string) bool {
 	for _, item := range items {
-		if item == elem {
+		if labelValueMatches(item, elem) {
 			return true
 		}
 	}
 	return false
 }
+
+// labelValueMatches returns true when candidate matches with matchWith
+// label value is divided into two parts - name and version
+// version is absolute version or a range denoted by + or -
+// returns true when names of values are equal and the version of
+// candidate falls within the version range of matchWith
+func labelValueMatches(matchWith string, candidate string) bool {
+	versionRegex := regexp.MustCompile(`(\d(?:[\d\.]*\d)?)([\+-])?$`)
+	mMatch := versionRegex.FindStringSubmatch(matchWith)
+	cMatch := versionRegex.FindStringSubmatch(candidate)
+	if len(mMatch) != 3 {
+		return matchWith == candidate
+	}
+	mName, mVersion, mVersionRangeSymbol :=
+		versionRegex.ReplaceAllString(matchWith, ""), mMatch[1], mMatch[2]
+	if len(cMatch) != 3 {
+		// when no version on candidate, match for any version
+		return mName == candidate
+	}
+	cName, cVersion :=
+		versionRegex.ReplaceAllString(candidate, ""), cMatch[1]
+	if mName != cName {
+		return false
+	}
+	if mVersion == "" {
+		return mVersion == cVersion
+	}
+	if cVersion == "" {
+		return true
+	}
+	cSemver, err := version.NewSemver(cVersion)
+	if err != nil {
+		return cVersion == mVersion
+	}
+	mSemver, err := version.NewSemver(mVersion)
+	if err != nil {
+		return cVersion == mVersion
+	}
+	switch mVersionRangeSymbol {
+	case "+":
+		return cSemver.GreaterThanOrEqual(mSemver)
+	case "-":
+		return mSemver.GreaterThanOrEqual(cSemver)
+	default:
+		return cSemver.Equal(mSemver)
+	}
+}
diff --git a/engine/labels/labels_test.go b/engine/labels/labels_test.go
index 6bf526d4..8ce92560 100644
--- a/engine/labels/labels_test.go
+++ b/engine/labels/labels_test.go
@@ -336,3 +336,104 @@ func Test_ruleSelector_Matches(t *testing.T) {
 		})
 	}
 }
+
+func Test_labelValueMatches(t *testing.T) {
+	tests := []struct {
+		name      string
+		candidate string
+		matchWith string
+		want      bool
+	}{
+		{
+			name:      "no version range test",
+			candidate: "eap",
+			matchWith: "eap",
+			want:      true,
+		},
+		{
+			name:      "name mismatch test",
+			candidate: "eap",
+			matchWith: "javaee",
+			want:      false,
+		},
+		{
+			name:      "absolute version test",
+			candidate: "eap6",
+			matchWith: "eap6",
+			want:      true,
+		},
+		{
+			name:      "version range test for '+'",
+			candidate: "eap6",
+			matchWith: "eap5+",
+			want:      true,
+		},
+		{
+			name:      "version range test for '+'",
+			candidate: "eap5",
+			matchWith: "eap5+",
+			want:      true,
+		},
+		{
+			name:      "version range test for '-'",
+			candidate: "eap7",
+			matchWith: "eap8-",
+			want:      true,
+		},
+		{
+			name:      "version range negative test for '-'",
+			candidate: "eap9",
+			matchWith: "eap8-",
+			want:      false,
+		},
+		{
+			name:      "version range negative test for '+'",
+			candidate: "eap7",
+			matchWith: "eap8+",
+			want:      false,
+		},
+		{
+			name:      "complex value version range test",
+			candidate: "Golang Version",
+			matchWith: "Golang Version11+",
+			want:      true,
+		},
+		{
+			name:      "match any version test",
+			candidate: "eap",
+			matchWith: "eap6+",
+			want:      true,
+		},
+		{
+			name:      "match any version test negative",
+			candidate: "eap6",
+			matchWith: "eap",
+			want:      false,
+		},
+		{
+			name:      "float value absolute match",
+			candidate: "hibernate5.1",
+			matchWith: "hibernate5.1",
+			want:      true,
+		},
+		{
+			name:      "float value range symbol '+' match",
+			candidate: "hibernate5.2",
+			matchWith: "hibernate5.1+",
+			want:      true,
+		},
+		{
+			name:      "float value range symbol '+' negative match",
+			candidate: "hibernate5.0.12",
+			matchWith: "hibernate5.1+",
+			want:      false,
+		},
+	}
+	for _, tt := range tests {
+		t.Run(tt.name, func(t *testing.T) {
+			if got := labelValueMatches(tt.matchWith, tt.candidate); got != tt.want {
+				t.Errorf("versionRangeMatches() = %v, want %v", got, tt.want)
+			}
+		})
+	}
+}