Colgate-Palmolive
CL
#239
Rank
$72.49 B
Marketcap
Country
-0.08%
Change (1 day)
23.50%
Change (1 year)
Categories
Colgate-Palmolive Company is an American company specializing in the manufacturing and marketing of cleaning and hygiene products such as detergents, soaps, toothpaste and toothbrushes. The brand is enjoying a strong reputation in many countries.
P/E ratio as of March 2024 (TTM): 45.6
According to Colgate-Palmolive's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.6321.At the end of 2022 the company had a P/E ratio of 36.8.
P/E ratio history for Colgate-Palmolive from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.8 | 10.44% |
| 2021 | 33.3 | 22.41% |
| 2020 | 27.2 | 8.79% |
| 2019 | 25.0 | 15.66% |
| 2018 | 21.6 | -34.31% |
| 2017 | 32.9 | 38.46% |
| 2016 | 23.8 | -45.35% |
| 2015 | 43.5 | 49.78% |
| 2014 | 29.1 | 7.44% |
| 2013 | 27.1 | 35.11% |
| 2012 | 20.0 | 7.95% |
| 2011 | 18.6 | 2.95% |
| 2010 | 18.0 | -0.41% |
| 2009 | 18.1 | 0.58% |
| 2008 | 18.0 | -22.7% |
| 2007 | 23.3 | -8.33% |
| 2006 | 25.4 | 17.55% |
| 2005 | 21.6 | 3.41% |
| 2004 | 20.9 | 8.48% |
| 2003 | 19.3 | -14.45% |
| 2002 | 22.5 | -21.29% |
| 2001 | 28.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
Procter & Gamble PG | 25.3 | -44.49% | 🇺🇸 USA |
Church & Dwight CHD | 57.2 | 25.37% | 🇺🇸 USA |
Clorox CLX | 222 | 387.31% | 🇺🇸 USA |
Kimberly-Clark KMB | 24.1 | -47.25% | 🇺🇸 USA |
Unilever UL | 24.7 | -45.86% | 🇬🇧 UK |
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.
