P/E ratio for Coty (COTY)
P/E ratio as of September 2023 (TTM): 20.7
According to Coty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6552. At the end of 2021 the company had a P/E ratio of 150.
P/E ratio history for Coty from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 150 | -3241.03% |
| 2020 | -4.78 | 57.06% |
| 2019 | -3.04 | -23.99% |
| 2018 | -4.00 | -89.74% |
| 2017 | -39.0 | -76.57% |
| 2016 | -166 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 25.3 | 22.61% | 🇺🇸 USA |
 Estee Lauder EL | 53.5 | 158.96% | 🇺🇸 USA |
 Revlon REVRQ | -0.0057 | -100.03% | 🇺🇸 USA |
 Interparfums IPAR | 31.5 | 52.42% | 🇺🇸 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.