P/E ratio for Cognex (CGNX)
P/E ratio as of April 2024 (TTM): 45.5
According to Cognex's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.5055. At the end of 2022 the company had a P/E ratio of 37.7.
P/E ratio history for Cognex from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.7 | -22.94% |
| 2021 | 48.9 | -38.48% |
| 2020 | 79.5 | 67.39% |
| 2019 | 47.5 | 55.97% |
| 2018 | 30.4 | -48.98% |
| 2017 | 59.7 | 65.09% |
| 2016 | 36.1 | 132.28% |
| 2015 | 15.6 | -47.29% |
| 2014 | 29.5 | -35.05% |
| 2013 | 45.5 | 95.2% |
| 2012 | 23.3 | 8% |
| 2011 | 21.6 | 13.59% |
| 2010 | 19.0 | -113.93% |
| 2009 | -136 | -698.31% |
| 2008 | 22.8 | -29.94% |
| 2007 | 32.5 | 20.07% |
| 2006 | 27.1 | -31.63% |
| 2005 | 39.6 | 17.78% |
| 2004 | 33.6 | -56.04% |
| 2003 | 76.5 | -158.08% |
| 2002 | -132 | 28.51% |
| 2001 | -102 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Ametek AME | 32.0 | -29.77% | 🇺🇸 USA |
 Roper Technologies ROP | 18.7 | -58.97% | 🇺🇸 USA |
 Zebra Technologies ZBRA | 33.2 | -26.99% | 🇺🇸 USA |
 Honeywell HON | 23.8 | -47.69% | 🇺🇸 USA |
 Danaher DHR | 30.8 | -32.37% | 🇺🇸 USA |
 MKS Instruments MKSI | -4.79 | -110.52% | 🇺🇸 USA |
 Hurco Companies HURC | 35.5 | -22.03% | 🇺🇸 USA |
 CyberOptics CYBE | 24.5 | -46.06% | 🇺🇸 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.