AT&T Inc. is a North American telecommunications company. In addition to telephone, data and video telecommunications, AT&T also provides mobile communications and internet services for companies, private customers and government organizations. AT&T has long had a monopoly in the United States and Canada.
P/E ratio for AT&T (T)
P/E ratio as of May 2023 (TTM): -12.7
According to AT&T's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.7041. At the end of 2021 the company had a P/E ratio of 8.91.
P/E ratio history for AT&T from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.91 | -123.55% |
| 2020 | -37.8 | -343.59% |
| 2019 | 15.5 | 106.84% |
| 2018 | 7.51 | 21.75% |
| 2017 | 6.17 | -59.67% |
| 2016 | 15.3 | 37.72% |
| 2015 | 11.1 | -47.9% |
| 2014 | 21.3 | 173.76% |
| 2013 | 7.79 | -62.68% |
| 2012 | 20.9 | -39.69% |
| 2011 | 34.6 | 425.55% |
| 2010 | 6.58 | -34.06% |
| 2009 | 9.99 | 1.13% |
| 2008 | 9.87 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 48.5 | -481.68% | 🇺🇸 USA |
 T-Mobile US TMUS | 43.7 | -444.28% | 🇺🇸 USA |
 Verizon VZ | 6.81 | -153.60% | 🇺🇸 USA |
 Comcast CMCSA | 32.5 | -355.44% | 🇺🇸 USA |
 Shentel SHEN | -120 | 841.63% | 🇺🇸 USA |
 America Movil AMX | 7.40 | -158.22% | 🇲🇽 Mexico |
 U.S. Cellular
USM | -183 | 1,342.94% | 🇺🇸 USA |
 Telephone and Data Systems
TDS | -12.7 | -0.20% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.