Cognizant Technology Solutions Corp (CTSH)

Services-Computer Programming Services

Latest Price

$65.11

TTM P/E

11.86

Normalized P/E

14.20

TTM Div Yield

2.00%

Fwd Div Yield

2.03%

Book Value

32.69

P/B Ratio

1.99

Valuation metrics

EPS: $4.56

Book value / share: $31.35

Formula: √(22.5 × EPS × BVPS)

Graham Number

$56.71

13% downside

Norm. op. income: $2.8B (median of 7yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$47.33

27% downside

Base FCF: $2.2B (median of recent 5yr)

Growth: -4%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$43.35

33% downside

EPS: $4.56

Target P/E: 14×

Formula: EPS × P/E

P/E Fair Value

$63.84

2% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	46.18M	$1.79B	10.31%	+1.85M	2026-06-30
Vanguard Capital Management LLC	30.95M	$1.20B	6.91%	-127.4K	2026-06-30
Pzena Investment Management LLC	26.53M	$1.03B	5.92%	+6.27M	2026-06-30
Vanguard Portfolio Management LLC	26.15M	$1.01B	5.84%	-10.1K	2026-06-30
State Street Corp	25.30M	$980.0M	5.65%	+1.14M	2026-06-30
Invesco Ltd.	18.14M	$702.0M	4.05%	+46.3K	2026-06-30
JPMorgan Chase & Co	14.95M	$579.0M	3.34%	-2.99M	2026-06-30
Geode Capital Management, LLC	14.85M	$575.0M	3.31%	+68.5K	2026-06-30
Dodge & Cox	14.54M	$563.0M	3.25%	+269.6K	2026-06-30
FIL Ltd	9.62M	$372.0M	2.15%	+2.89M	2026-06-30