P/E ratio for Cencora (COR)
P/E ratio as of May 2024 (TTM): 26.0
According to Cencora's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.0209. At the end of 2022 the company had a P/E ratio of 19.9.
P/E ratio history for Cencora from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.9 | 16.62% |
| 2021 | 17.0 | -375.53% |
| 2020 | -6.18 | -122.69% |
| 2019 | 27.2 | 102.18% |
| 2018 | 13.5 | -30.72% |
| 2017 | 19.5 | 56% |
| 2016 | 12.5 | -76.31% |
| 2015 | 52.6 | -93.58% |
| 2014 | 820 | 1450.44% |
| 2013 | 52.9 | 259.94% |
| 2012 | 14.7 | 3.86% |
| 2011 | 14.1 | -4.26% |
| 2010 | 14.8 | 4.25% |
| 2009 | 14.2 | -36.83% |
| 2008 | 22.4 | 28.46% |
| 2007 | 17.5 | -4.86% |
| 2006 | 18.4 | -33.88% |
| 2005 | 27.8 | 84.46% |
| 2004 | 15.0 | 6.61% |
| 2003 | 14.1 | -8.79% |
| 2002 | 15.5 | -43.51% |
| 2001 | 27.4 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.