The PE ratio for Cognizant Technology Solutions stock stands at 15.9 as of Apr 26, 2024. This is calculated based on the TTM EPS of $4.21 and the stock price of $66.94 per share. The current PE ratio is about the same compared to the last four quarters average.
Over the last ten years, the average PE ratio of Cognizant Technology Solutions has been 21.4. The current 15.9 price-to-earnings ratio is 26% less than the historical average. Analyzing the last ten years, CTSH's PE ratio reached its highest point in the Mar 2018 quarter at 32.07, with a price of $80.5 and an EPS of $2.51. The Sep 2022 quarter saw the lowest point at 12.76, with a price of $57.44 and an EPS of $4.5.
Maximum annual increase: 69.03% in 2020
Maximum annual decrease: -40.78% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.94 | 38.64% |
| 2022 | 12.94 | -40.78% |
| 2021 | 21.85 | -31.2% |
| 2020 | 31.76 | 69.03% |
| 2019 | 18.79 | 6.88% |
| 2018 | 17.58 | -37.12% |
| 2017 | 27.96 | 27.73% |
| 2016 | 21.89 | -2.62% |
| 2015 | 22.48 | 1.17% |
| 2014 | 22.22 | -10.66% |
CTSH's current PE ratio is under its 3, 5 and 10-year averages.
CTSH's PE ratio is less than its peer stocks ACN and IBM, but it is above HPQ's and PRFT's. Cognizant Technology Solutions is currently trading at a lower PE ratio (15.9) than its peers average of 17.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HPQ Hp Inc | 8.19 | $27.78B |
| PRFT Perficient Inc | 15.04 | $1.53B |
| CTSH Cognizant Technology Solutions Corp | 15.92 | $33.38B |
| IBM International Business Machines Corp | 20.23 | $152.83B |
| ACN Accenture plc | 27.27 | $204.09B |
The price to earnings ratio for CTSH stock as of Apr 26, 2024, stands at 15.9.
As an average over the last 3 years, CTSH stock has a PE ratio of 17.32.
As an average over the last 5 years, CTSH stock has a PE ratio of 19.03.
The highest quarterly PE ratio in the last ten years has been 32.07 and it was in the Mar 2018 quarter.
The current PE ratio of CTSH is 26% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Apr 26, 2024), Cognizant Technology Solutions's share price is $66.94. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.21. Therefore, Cognizant Technology Solutions's price to earnings ratio for today is 15.9. PE RATIO(15.9) = STOCK PRICE($66.94) / TTM EPS($4.21)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.