Start with its own history
At 26.46×, TLGPY is 22.0% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.

Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.46×
22.0% abovethe 10-year annual average
Price and EPS in quote currency. Calculation details
Investors are paying 26.46 for every 1 of reported earnings per share.
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2026 | 25.40× | -0.3% |
| Jun 30, 2025 | 25.47× | -1.2% |
| Jun 30, 2024 | 25.79× | +1.9% |
| Jun 30, 2023 | 25.29× | -8.0% |
| Jun 30, 2022 | 27.50× | +17.0% |
| Jun 30, 2021 | 23.50× | +12.6% |
| Jun 30, 2020 | 20.87× | -1.9% |
| Jun 30, 2019 | 21.28× | +143.6% |
| Period end | P/E | Change |
|---|---|---|
| Jun 30, 2018 | 8.73× | -33.0% |
| Jun 30, 2017 | 13.03× | +10.1% |
| Jun 30, 2016 | 11.83× | -32.6% |
| Jun 30, 2015 | 17.54× | +14.5% |
| Jun 30, 2014 | 15.32× | +1.7% |
| Jun 30, 2013 | 15.06× | +14.3% |
| Jun 30, 2012 | 13.18× | +18.6% |
| Jun 30, 2011 | 11.12× | +6.0% |
| Jun 30, 2010 | 10.48× | +2.1% |
| Jun 30, 2009 | 10.27× | -27.3% |
| Jun 30, 2008 | 14.13× | -19.9% |
| Jun 30, 2007 | 17.65× | +5.5% |
| Jun 30, 2006 | 16.73× | -0.8% |
| Jun 30, 2005 | 16.87× | -9.5% |
| Jun 30, 2004 | 18.63× | -7.3% |
| Jun 30, 2003 | 20.09× | +1.3% |
| Jun 30, 2002 | 19.83× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
TLGPY This stockTelstra Group Limited | 26.46× |
SGAPYSingapore Telecommunications Limited | 12.38× |
VODVodafone Group Public Limited Company | N/M |
DTEGYDeutsche Telekom AG | 14.95× |
TAT&T Inc. | 11.81× |
VZVerizon Communications Inc. | 11.78× |
TMUST-Mobile US, Inc. | 15.32× |
0941.HKChina Mobile Limited | 11.74× |
601728.SSChina Telecom Corporation Limited | 21.46× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
At 26.46×, TLGPY is 22.0% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
The median of the 7 positive peer ratios above is 12.38×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore Wisesheets=WISE("TLGPY", "PE Ratio", "LQ")Share price 17.86 ÷ EPS 0.6751 = 26.46×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
The essentials behind the numbers.
Telstra Group Limited's current P/E is 26.46× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.