P/E ratio for Tele2 (TEL2-A.ST)
P/E ratio as of April 2025 (TTM): 23.0
According to Tele2's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.986. At the end of 2022 the company had a P/E ratio of 10.6.
P/E ratio history for Tele2 from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.6 | -50.39% |
| 2021 | 21.3 | 110.07% |
| 2020 | 10.1 | -45.97% |
| 2019 | 18.8 | -72.68% |
| 2018 | 68.6 | -74.24% |
| 2017 | 266 | -1442.1% |
| 2016 | -19.9 | -242.46% |
| 2015 | 13.9 | -25.98% |
| 2014 | 18.8 | 618.43% |
| 2013 | 2.62 | -84.42% |
| 2012 | 16.8 | 22.18% |
| 2011 | 13.8 | 46.47% |
| 2010 | 9.40 | -10.33% |
| 2009 | 10.5 | |
| 2004 | 5.69 | -49.03% |
| 2003 | 11.2 | -106.3% |
| 2002 | -177 | 1596.82% |
| 2001 | -10.4 |
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.