Telus
TU
#903
Rank
โ‚น1.895 T
Marketcap
โ‚น1,279
Share price
0.40%
Change (1 day)
-11.92%
Change (1 year)

P/E ratio for Telus (TU)

P/E ratio as of November 2024 (TTM): 24.8

According to Telus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.7539. At the end of 2022 the company had a P/E ratio of 21.8.

P/E ratio history for Telus from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202221.8-10.65%
202124.4-13.36%
202028.260.19%
201917.68.73%
201816.2-16.54%
201719.4-3.76%
201620.228.3%
201515.7-8.76%
201417.2-2.3%
201317.62.25%
201217.221.42%
201114.23.26%
201013.821.49%
200911.330.2%
20088.69-33.44%
200713.1-14.13%
200615.2-38.39%
200524.75.78%
200423.3-14.41%
200327.3-243.19%
2002-19.0-237.59%
200113.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.5-37.28%๐Ÿ‡จ๐Ÿ‡ฆ Canada
20.3-17.81%๐Ÿ‡จ๐Ÿ‡ฆ Canada
8.18-66.96%๐Ÿ‡บ๐Ÿ‡ธ USA
-14.4-158.19%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ซ๐Ÿ‡ท France

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.