P/E ratio for Coty (COTY)
P/E ratio as of April 2024 (TTM): 20.2
According to Coty's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1724. At the end of 2022 the company had a P/E ratio of 57.1.
P/E ratio history for Coty from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 57.1 | -61.96% |
| 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 | -678.01% |
| 2015 | 28.8 | -147.39% |
| 2014 | -60.8 | -235.86% |
| 2013 | 44.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Procter & Gamble PG | 25.7 | 27.34% | 🇺🇸 USA |
 Estee Lauder EL | 95.7 | 374.35% | 🇺🇸 USA |
 Revlon REVRQ | -0.0057 | -100.03% | 🇺🇸 USA |
 Interparfums IPAR | 28.4 | 40.66% | 🇺🇸 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.