Ericsson
ERIC
$6.22
Share price
-1.11%
Change (1 day)
20.08%
Change (1 year)
Categories
P/S ratio for Ericsson (ERIC)
P/S ratio as of June 2024 (TTM): 0.8726
According to Ericsson's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.872615. At the end of 2023 the company had a P/S ratio of 0.8386.
P/S ratio history for Ericsson from 2001 to 2023
PS ratio at the end of each year
| Year | P/S ratio | Change |
|---|---|---|
| 2023 | 0.8386 | 13.93% |
| 2022 | 0.7360 | -47.07% |
| 2021 | 1.39 | -9.82% |
| 2020 | 1.54 | 27.4% |
| 2019 | 1.21 | 0.26% |
| 2018 | 1.21 | 37.5% |
| 2017 | 0.8782 | 18.49% |
| 2016 | 0.7411 | -31.36% |
| 2015 | 1.08 | -11.26% |
| 2014 | 1.22 | 7.95% |
| 2013 | 1.13 | 20.27% |
| 2012 | 0.9372 | -8.58% |
| 2011 | 1.03 | -21.68% |
| 2010 | 1.31 | 20.39% |
| 2009 | 1.09 | 33.62% |
| 2008 | 0.8137 | -38.94% |
| 2007 | 1.33 | -49.47% |
| 2006 | 2.64 | -5.97% |
| 2005 | 2.80 | 2.09% |
| 2004 | 2.75 | 48.57% |
| 2003 | 1.85 | 169.38% |
| 2002 | 0.6864 | -64.53% |
| 2001 | 1.94 |
P/S ratio for similar companies or competitors
| Company | P/S ratio | P/S ratio differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 13.3 | 1,428.25% | 🇺🇸 USA |
 Cisco CSCO | 3.36 | 284.77% | 🇺🇸 USA |
 IBM IBM | 2.51 | 188.04% | 🇺🇸 USA |
 HP HPQ | 0.6762 | -22.51% | 🇺🇸 USA |
 Juniper Networks
JNPR | 2.15 | 146.71% | 🇺🇸 USA |
 QUALCOMM QCOM | 6.37 | 630.28% | 🇺🇸 USA |
 Motorola Solutions
MSI | 6.11 | 600.05% | 🇺🇸 USA |
 Nokia NOK | 0.9466 | 8.47% | 🇫🇮 Finland |
 Ciena CIEN | 1.53 | 75.85% | 🇺🇸 USA |