According to Cogeco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.94401. At the end of 2022 the company had a P/E ratio of 8.25.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.25 | -30.24% |
2021 | 11.8 | -0.09% |
2020 | 11.8 | -9.06% |
2019 | 13.0 | 38.26% |
2018 | 9.41 | -33.51% |
2017 | 14.2 | -176.28% |
2016 | -18.6 | -261% |
2015 | 11.5 | -28.58% |
2014 | 16.1 | 32.83% |
2013 | 12.1 | 47.17% |
2012 | 8.25 | -112.38% |
2011 | -66.7 | -551.96% |
2010 | 14.8 | -294.77% |
2009 | -7.58 | -161.91% |
2008 | 12.2 | -47.27% |
2007 | 23.2 | 23.58% |
2006 | 18.8 | -182.02% |
2005 | -22.9 | -128.75% |
2004 | 79.7 | -337.38% |
2003 | -33.6 | -977.56% |
2002 | 3.82 | -98.29% |
2001 | 224 |
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.