P/E ratio for Coforge (COFORGE.NS)
P/E ratio as of April 2025 (TTM): 63.4
According to Coforge 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.3574. At the end of 2022 the company had a P/E ratio of 30.1.
P/E ratio history for Coforge from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 30.1 | -50.56% |
| 2021 | 60.9 | 59.87% |
| 2020 | 38.1 | 68.24% |
| 2019 | 22.6 | 22.88% |
| 2018 | 18.4 | 35.01% |
| 2017 | 13.6 | 19.94% |
| 2016 | 11.4 | -45.26% |
| 2015 | 20.8 | 78.27% |
| 2014 | 11.7 | 20.64% |
| 2013 | 9.66 |
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.