P/E ratio for Cognizant Technology Solutions (CTSH)
P/E ratio as of April 2024 (TTM): 16.2
According to Cognizant Technology Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2039. 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 |
|---|---|---|
| 2022 | 12.9 | -40.79% |
| 2021 | 21.9 | -31.47% |
| 2020 | 31.9 | 69.15% |
| 2019 | 18.9 | 7.2% |
| 2018 | 17.6 | -37.36% |
| 2017 | 28.1 | 28.76% |
| 2016 | 21.8 | -3.02% |
| 2015 | 22.5 | 0.74% |
| 2014 | 22.3 | -10.07% |
| 2013 | 24.8 | 17.2% |
| 2012 | 21.2 | -4.21% |
| 2011 | 22.1 | -26.42% |
| 2010 | 30.0 | 20.6% |
| 2009 | 24.9 | 105.49% |
| 2008 | 12.1 | -56.61% |
| 2007 | 27.9 | -39.9% |
| 2006 | 46.5 | 13.73% |
| 2005 | 40.9 | -25.66% |
| 2004 | 55.0 | 10.82% |
| 2003 | 49.6 | 19.51% |
| 2002 | 41.5 | 15.48% |
| 2001 | 35.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 22.2 | 36.80% | 🇺🇸 USA |
 HP HPQ | 12.0 | -25.75% | 🇺🇸 USA |
 Accenture ACN | 28.3 | 74.95% | 🇮🇪 Ireland |
 Wipro WIT | 20.9 | 28.97% | 🇮🇳 India |
 Perficient PRFT | 14.2 | -12.45% | 🇺🇸 USA |
 Infosys INFY | 23.6 | 45.80% | 🇮🇳 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.