Question 1

What is Cognizant's P/E ratio?

Accepted Answer

Cognizant (CTSH) P/E ratio is 11.4× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Cognizant?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Cognizant specifically, the relevant sector benchmark is the current sector median of 29.6×.

Question 5

Is Cognizant's P/E ratio high or low?

Accepted Answer

Cognizant's P/E ratio of 11.4× is below its own 5-year average of 16.7× and below the sector median of 29.6×. That places the current reading at the 2th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Cognizant's historical P/E ratio range?

Accepted Answer

In the available daily series, Cognizant (CTSH) P/E ratio has ranged from a low of 9.8× in 2026 to a high of 56.2× in 2004. The 5-year average is 16.7× and the 5-year median is 16.2×.

Question 7

What was Cognizant's P/E ratio in 2025?

Accepted Answer

Cognizant (CTSH) P/E ratio at the end of 2025 was 17.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Cognizant's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$39.92B	$2.23B	17.9×	+0.9×	Dec 31, 2025
2024	$38.14B	$2.24B	17.0×	-0.7×	Dec 31, 2024
2023	$37.77B	$2.13B	17.8×	+5.0×	Dec 31, 2023
2022	$29.28B	$2.29B	12.8×	-9.0×	Dec 31, 2022
2021	$46.58B	$2.14B	21.8×	-9.6×	Dec 31, 2021
2020	$43.68B	$1.39B	31.4×	+13.0×	Dec 31, 2020
2019	$33.92B	$1.84B	18.4×	+1.0×	Dec 31, 2019
2018	$36.69B	$2.10B	17.5×	-10.3×	Dec 31, 2018
2017	$41.83B	$1.50B	27.8×	+5.9×	Dec 31, 2017
2016	$34.01B	$1.55B	21.9×	-0.6×	Dec 31, 2016
2015	$36.50B	$1.62B	22.5×	+0.2×	Dec 31, 2015
2014	$32.06B	$1.44B	22.3×	-2.6×	Dec 31, 2014
2013	$30.58B	$1.23B	24.9×	+3.8×	Dec 31, 2013
2012	$22.20B	$1.05B	21.1×	-0.9×	Dec 31, 2012
2011	$19.45B	$883.62M	22.0×	-8.3×	Dec 31, 2011
2010	$22.25B	$733.54M	30.3×	+5.3×	Dec 31, 2010
2009	$13.40B	$534.96M	25.1×	+12.8×	Dec 31, 2009
2008	$5.26B	$430.85M	12.2×	-15.7×	Dec 31, 2008
2007	$9.78B	$350.13M	27.9×	-19.1×	Dec 31, 2007
2006	$10.96B	$232.79M	47.1×	+5.2×	Dec 31, 2006
2005	$6.97B	$166.27M	41.9×	-14.3×	Dec 31, 2005
2004	$5.64B	$100.24M	56.2×	+5.3×	Dec 31, 2004
2003	$2.92B	$57.37M	50.9×	+8.8×	Dec 31, 2003
2002	$1.45B	$34.56M	42.1×	+6.2×	Dec 31, 2002
2001	$794.74M	$22.16M	35.9×	—	Dec 31, 2001


EPAM Systems (EPAM)	18.8×
NXP Semiconductors (NXPI)	17.9×
Uber (UBER)	17.3×
Broadridge Financial Solutions (BR)	17.2×
NetApp (NTAP)	16.8×
Accenture (ACN)	16.8×
Corpay (CPAY)	16.7×
Dell Technologies (DELL)	16.2×
Western Digital (WDC)	15.7×
Adobe (ADBE)	14.9×
CDW (CDW)	14.5×
Zoom Communications (ZM)	13.8×
QUALCOMM (QCOM)	13.7×
PTC (PTC)	13.5×
Paycom Software (PAYC)	13.2×
Elastic N.V. (ESTC)	13.2×
GoDaddy (GDDY)	12.7×
Gen Digital (GEN)	11.7×
Duolingo (DUOL)	10.9×
Super Micro Computer (SMCI)	10.9×
Science Applications International (SAIC)	10.3×
Fiserv (FISV)	9.3×
Fidelity National Information Services (FIS)	9.0×
HP (HPQ)	7.5×
Lyft (LYFT)	1.8×

P/E Ratio for Cognizant (CTSH)

P/E Ratio daily chart for Cognizant (CTSH)

Historical P/E Ratio for Cognizant (CTSH) from 2001 to 2025

About P/E Ratio at Cognizant (CTSH)

Cognizant P/E Ratio by Year

Cognizant P/E Ratio 2025: 17.9×

Cognizant P/E Ratio 2024: 17.0×

Cognizant P/E Ratio 2023: 17.8×

Cognizant P/E Ratio 2022: 12.8×

Cognizant P/E Ratio 2021: 21.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Cognizant (CTSH) Key Financials

P/E Ratio daily chart for Cognizant (CTSH)

Historical P/E Ratio for Cognizant (CTSH) from 2001 to 2025

About P/E Ratio at Cognizant (CTSH)

Cognizant P/E Ratio by Year

Cognizant P/E Ratio 2025: 17.9×

Cognizant P/E Ratio 2024: 17.0×

Cognizant P/E Ratio 2023: 17.8×

Cognizant P/E Ratio 2022: 12.8×

Cognizant P/E Ratio 2021: 21.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Cognizant's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Cognizant?

+Is Cognizant's P/E ratio high or low?

+What is Cognizant's historical P/E ratio range?

+What was Cognizant's P/E ratio in 2025?

+Why does Cognizant's P/E ratio change over time?

Cognizant (CTSH) Key Financials