The current price-to-earnings ratio for Cogent Communications Holdings stock as of May 3, 2024 is 2.35. This is calculated based on the current EPS of $26.88 and the stock price of $63.07 per share. The PE ratio has decreased by 97% from the past four quarters average of 74.5.
The average historical PE ratio of Cogent Communications Holdings for the last ten years is 219.48. The current price-to-earnings ratio of 2.35 is 99% less than the historical average. In the past ten years, CCOI's PE ratio reached its highest point in the Dec 2014 quarter at 1,769.5, when the stock price was $35.39 and the EPS was $0.02. The lowest point was recorded in the Sep 2023 quarter, when it reached 2.72 with a price of $61.9 and an EPS of $22.74.
Maximum annual increase: 5,242.69% in 2014
Maximum annual decrease: -99.45% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 2.83 | -99.45% |
| 2022 | 518.91 | 637.4% |
| 2021 | 70.37 | -83.54% |
| 2020 | 427.64 | 432.82% |
| 2019 | 80.26 | 11.85% |
| 2018 | 71.76 | -79.41% |
| 2017 | 348.46 | 178.1% |
| 2016 | 125.3 | -60.27% |
| 2015 | 315.36 | -82.18% |
| 2014 | 1,769.5 | 5,242.69% |
The current PE ratio of CCOI is lower than the 3, 5 and 10-year averages.
CCOI's PE ratio is below its peer stocks CSCO and IDT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CCOI Cogent Communications Holdings Inc | 2.35 | $2.99B |
| SHEN Shenandoah Telecommunications Co | 3.08 | $734.75M |
| CSCO Cisco Systems Inc | 14.24 | $190.8B |
| IDT Idt Corp | 26.12 | $968.03M |
| S SentinelOne Inc | N/A | $6.59B |
CCOI stock has a price to earnings ratio of 2.35 as of May 3, 2024.
The 3-year average PE ratio for CCOI stock is 188.21.
The 5-year average PE ratio for CCOI stock is 171.38.
In the last ten years, the Dec 2014 quarter recorded the highest quarterly PE ratio at 1,769.5.
The current price to earnings ratio of CCOI is 99% lower than the 10-year historical average.
CCOI's PE ratio of 2.35 is considered low because the company's stock price is trading at a lower multiple of earnings.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Cogent Communications Holdings's stock price is $63.07. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $26.88. Therefore, Cogent Communications Holdings's price to earnings ratio for today is 2.35. PE RATIO(2.35) = STOCK PRICE($63.07) / TTM EPS($26.88)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.