Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ)verified

ERIC

Price:

$6.69

Market Cap:

$234.73B

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational suppo...[Read more]

Industry

Communication Equipment

IPO Date

1981-08-24

Stock Exchange

NASDAQ

Ticker

ERIC

The PE Ratio as of July 2024 (TTM) for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is -6.69

According to Telefonaktiebolaget LM Ericsson (publ)’s latest financial reports and current stock price. The company's current PE Ratio is -6.69. This represents a change of -194.01% compared to the average of 7.12 of the last 4 quarters.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Historical PE Ratio (quarterly & annually)

How has ERIC PE Ratio performed in the past?

The mean historical PE Ratio of Telefonaktiebolaget LM Ericsson (publ) over the last ten years is 26.00. The current -6.69 PE Ratio has changed -2672.69% with respect to the historical average. Over the past ten years (40 quarters), ERIC's PE Ratio was at its highest in in the March 2015 quarter at 66.56. The PE Ratio was at its lowest in in the September 2016 quarter at -216.18.

Quarterly (TTM)
Annual

Average

26.00

Median

16.54

Minimum

-39.67

Maximum

122.32

Telefonaktiebolaget LM Ericsson (publ) (ERIC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Telefonaktiebolaget LM Ericsson (publ) PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 681.16%

Maximum Annual PE Ratio = 122.32

Minimum Annual Increase = -408.32%

Minimum Annual PE Ratio = -39.67

Quarterly (TTM)
Annual
YearPE RatioChange
2023-7.99-173.91%
202210.81-25.00%
202114.41-22.79%
202018.67-84.74%
2019122.32-408.32%
2018-39.67681.16%
2017-5.08-105.04%
2016100.75417.46%
201519.47-26.11%
201426.3524.70%

Telefonaktiebolaget LM Ericsson (publ) (ERIC) Average PE Ratio

How has ERIC PE Ratio performed in the past?

The current PE Ratio of Telefonaktiebolaget LM Ericsson (publ) (ERIC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

5.74

5-year avg

31.64

10-year avg

26.00

Telefonaktiebolaget LM Ericsson (publ) (ERIC) PE Ratio vs. Peers

How is ERIC’s PE Ratio compared to its peers?

Telefonaktiebolaget LM Ericsson (publ)’s PE Ratio is less than Nokia Oyj (51.55), greater than Marvell Technology, Inc. (-58.00), greater than Qorvo, Inc. (-167.51), less than Skyworks Solutions, Inc. (21.79), less than Crown Castle Inc. (39.30),

CompanyPE RatioMarket cap
51.55$21.11B
-58.00$56.89B
-167.51$11.59B
21.79$18.64B
39.30$46.77B

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