Cognizant Technology Solutions
CTSH
#505
Rank
$38.56 B
Marketcap
$77.47
Share price
0.95%
Change (1 day)
19.81%
Change (1 year)

P/E ratio for Cognizant Technology Solutions (CTSH)

P/E ratio as of February 2024 (TTM): 18.8

According to Cognizant Technology Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.8034. At the end of 2022 the company had a P/E ratio of 12.9.

P/E ratio history for Cognizant Technology Solutions from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202212.9-40.79%
202121.9-31.47%
202031.969.15%
201918.97.2%
201817.6-37.36%
201728.128.76%
201621.8-3.02%
201522.50.74%
201422.3-10.07%
201324.817.2%
201221.2-4.21%
201122.1-26.42%
201030.020.6%
200924.9105.49%
200812.1-56.61%
200727.9-39.9%
200646.513.73%
200540.9-25.66%
200455.010.82%
200349.619.51%
200241.515.48%
200135.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.6 25.42%๐Ÿ‡บ๐Ÿ‡ธ USA
12.2-35.33%๐Ÿ‡บ๐Ÿ‡ธ USA
33.1 76.09%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
23.7 26.06%๐Ÿ‡ฎ๐Ÿ‡ณ India
22.3 18.84%๐Ÿ‡บ๐Ÿ‡ธ USA
27.5 46.10%๐Ÿ‡ฎ๐Ÿ‡ณ India

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.