Cogeco
CCA.TO
#4209
Rank
$2.08 B
Marketcap
$49.67
Share price
-0.56%
Change (1 day)
10.94%
Change (1 year)

P/E ratio for Cogeco (CCA.TO)

P/E ratio as of October 2024 (TTM): 7.34

According to Cogeco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.33664. At the end of 2022 the company had a P/E ratio of 8.25.

P/E ratio history for Cogeco from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.25-30.24%
202111.8-0.09%
202011.8-9.06%
201913.038.26%
20189.41-33.51%
201714.2-176.28%
2016-18.6-261%
201511.5-28.58%
201416.132.83%
201312.147.17%
20128.25-112.38%
2011-66.7-551.96%
201014.8-294.77%
2009-7.58-161.91%
200812.2-47.27%
200723.223.58%
200618.8-182.02%
2005-22.9-128.75%
200479.7-337.38%
2003-33.6-977.56%
20023.82-98.29%
2001224

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.