The PE ratio for Cognizant Technology Solutions stock stands at 17.53 as of Dec 20, 2024. This is calculated based on the TTM EPS of $4.52 and the stock price of $79.23 per share. An increase of 3% has been observed in the PE ratio compared to its average of 17.0 of the past four quarters.
Over the last ten years, the average PE ratio of Cognizant Technology Solutions has been 21.09. The current 17.53 price-to-earnings ratio is 17% 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 higher than the 3-year average, but it is under its 5 and 10-year averages.
CTSH's PE ratio is less than its peer stocks ACN and IBM, but it is above HPQ's.
Stock name | PE ratio | Market cap |
---|---|---|
HPQ Hp Inc | 11.64 | $30.89B |
CTSH Cognizant Technology Solutions Corp | 17.53 | $39.28B |
ACN Accenture plc | 30.38 | $247.37B |
IBM International Business Machines Corp | 31.95 | $206.53B |
The price to earnings ratio for CTSH stock as of Dec 20, 2024, stands at 17.53.
As an average over the last 3 years, CTSH stock has a PE ratio of 16.49.
As an average over the last 5 years, CTSH stock has a PE ratio of 18.89.
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 17% 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 (Dec 20, 2024), Cognizant Technology Solutions's share price is $79.23. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.52. Therefore, Cognizant Technology Solutions's price to earnings ratio for today is 17.53. PE RATIO(17.53) = STOCK PRICE($79.23) / TTM EPS($4.52)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.