Ericsson
ERIC
#764
Rank
C$37.89 B
Marketcap
$12.09
Share price
-1.97%
Change (1 day)
60.58%
Change (1 year)

P/E ratio for Ericsson (ERIC)

P/E ratio as of March 2025 (TTM): -13.2

According to Ericsson's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.1508. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for Ericsson from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202210.7-23.79%
202114.1-29.23%
202019.9-81.48%
2019108-369.02%
2018-40.0617.08%
2017-5.58-106.66%
201683.7332.88%
201519.3-19.86%
201424.113.49%
201321.3-43.62%
201237.7117.13%
201117.4-24.06%
201022.9-62.84%
200961.6313.73%
200814.931.08%
200711.4-35.36%
200617.61.39%
200517.3-13.14%
200419.9-198.49%
2003-20.2436.65%
2002-3.77-81.91%
2001-20.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
20.5-256.04%๐Ÿ‡บ๐Ÿ‡ธ USA
6.97-153.00%๐Ÿ‡ซ๐Ÿ‡ฎ Finland
24.1-283.39%๐Ÿ‡บ๐Ÿ‡ธ USA
31.6-340.53%๐Ÿ‡บ๐Ÿ‡ธ USA
41.6-416.51%๐Ÿ‡บ๐Ÿ‡ธ USA
34.2-360.40%๐Ÿ‡บ๐Ÿ‡ธ USA
32.6-348.17%๐Ÿ‡บ๐Ÿ‡ธ USA
45.9-449.23%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-197.47%๐Ÿ‡บ๐Ÿ‡ธ 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.