P/E ratio for Cognizant Technology Solutions (CTSH)
P/E ratio as of March 2023 (TTM): 13.5
According to Cognizant Technology Solutions 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4706. At the end of 2021 the company had a P/E ratio of 21.9.
P/E ratio history for Cognizant Technology Solutions from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 IBM IBM | 71.6 | 431.63% | 🇺🇸 USA |
 HP HPQ | 11.1 | -17.60% | 🇺🇸 USA |
 Accenture ACN | 24.8 | 84.44% | 🇮🇪 Ireland |
 Wipro WIT | 16.8 | 24.83% | 🇮🇳 India |
 Perficient PRFT | 22.4 | 65.97% | 🇺🇸 USA |
 Infosys INFY | 23.8 | 76.55% | 🇮🇳 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.