P/E ratio for Cogent Communications (CCOI)
P/E ratio as of May 2024 (TTM): 2.72
According to Cogent Communications 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.7246. At the end of 2022 the company had a P/E ratio of 519.
P/E ratio history for Cogent Communications from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 519 | 644.54% |
| 2021 | 69.7 | -83.7% |
| 2020 | 428 | 432.85% |
| 2019 | 80.3 | 13.61% |
| 2018 | 70.6 | -79.73% |
| 2017 | 348 | 186.52% |
| 2016 | 122 | -61.44% |
| 2015 | 315 | -83.37% |
| 2014 | > 1000 | 5672.78% |
| 2013 | 32.9 | -114.51% |
| 2012 | -226 | -327.87% |
| 2011 | 99.4 | -92.97% |
| 2010 | > 1000 | -5692.9% |
| 2009 | -25.3 | 27.77% |
| 2008 | -19.8 | -45.75% |
| 2007 | -36.5 | 160.87% |
| 2006 | -14.0 | 475.61% |
| 2005 | -2.43 | 1906.79% |
| 2004 | -0.1210 | -192.21% |
| 2003 | 0.1313 | -1072.77% |
| 2002 | -0.0135 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Cisco CSCO | 15.2 | 456.36% | 🇺🇸 USA |
 Shentel SHEN | < -1000 | -47,519.80% | 🇺🇸 USA |
 IDT Corporation
IDT | 18.8 | 591.30% | 🇺🇸 USA |
 GTT Communications
GTT | N/A | N/A | 🇺🇸 USA |
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.