Colgate-Palmolive
CL
#249
Rank
$70.56 B
Marketcap
$85.85
Share price
-0.17%
Change (1 day)
12.93%
Change (1 year)

Colgate-Palmolive Company is an American company specializing in the manufacturing and marketing of cleaning and hygiene products such as detergents, soaps, toothpaste and toothbrushes. The brand is enjoying a strong reputation in many countries.

P/E ratio for Colgate-Palmolive (CL)

P/E ratio as of April 2024 (TTM): 44.6

According to Colgate-Palmolive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 44.5596. At the end of 2022 the company had a P/E ratio of 36.8.

P/E ratio history for Colgate-Palmolive from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202236.810.44%
202133.322.41%
202027.28.79%
201925.015.66%
201821.6-34.31%
201732.938.46%
201623.8-45.35%
201543.549.78%
201429.17.44%
201327.135.11%
201220.07.95%
201118.62.95%
201018.0-0.41%
200918.10.58%
200818.0-22.7%
200723.3-8.33%
200625.417.55%
200521.63.41%
200420.98.48%
200319.3-14.45%
200222.5-21.29%
200128.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.6-44.75%๐Ÿ‡บ๐Ÿ‡ธ USA
55.8 25.26%๐Ÿ‡บ๐Ÿ‡ธ USA
207 364.23%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2-45.80%๐Ÿ‡บ๐Ÿ‡ธ USA
23.9-46.29%๐Ÿ‡ฌ๐Ÿ‡ง UK

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.