Telefonaktiebolaget LM Ericsson (publ)

Telefonaktiebolaget LM Ericsson (publ)verified

ERIC

Price:

$5.91

Market Cap:

$207.03B

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 June 2024 (TTM) for Telefonaktiebolaget LM Ericsson (publ) (ERIC) is -8.10

According to Telefonaktiebolaget LM Ericsson (publ)’s latest financial reports and current stock price. The company's current PE Ratio is -8.10. This represents a change of -14.50% compared to the average of -9.47 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 -8.10 PE Ratio has changed -3214.91% 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 (23.33), greater than Marvell Technology, Inc. (-64.55), greater than Qorvo, Inc. (-157.49), less than Skyworks Solutions, Inc. (19.97), less than Crown Castle Inc. (29.68),

CompanyPE RatioMarket cap
23.33$20.31B
-64.55$63.31B
-157.49$10.97B
19.97$17.08B
29.68$41.43B

Build a custom stock screener for Telefonaktiebolaget LM Ericsson (publ) (ERIC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Telefonaktiebolaget LM Ericsson (publ) using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Telefonaktiebolaget LM Ericsson (publ) (ERIC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Telefonaktiebolaget LM Ericsson (publ) or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Telefonaktiebolaget LM Ericsson (publ)'s PE Ratio?

How is the PE Ratio calculated for Telefonaktiebolaget LM Ericsson (publ) (ERIC)?

What is the highest PE Ratio for Telefonaktiebolaget LM Ericsson (publ) (ERIC)?

What is the 3-year average PE Ratio for Telefonaktiebolaget LM Ericsson (publ) (ERIC)?

What is the 5-year average PE Ratio for Telefonaktiebolaget LM Ericsson (publ) (ERIC)?

How does the current PE Ratio for Telefonaktiebolaget LM Ericsson (publ) (ERIC) compare to its historical average?