P/E ratio for Telefónica (TEF)
P/E ratio as of March 2023 (TTM): 104
According to Telefónica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 104.262. At the end of 2020 the company had a P/E ratio of 13.7.
P/E ratio history for Telefónica from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 13.7 | -61.46% |
| 2019 | 35.6 | 196.03% |
| 2018 | 12.0 | |
| 2015 | 18.4 | 8.38% |
| 2014 | 16.9 | 38.19% |
| 2013 | 12.3 | |
| 2011 | 10.6 | 39.38% |
| 2010 | 7.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Vodafone VOD | N/A | N/A | 🇬🇧 UK |
 America Movil AMX | 7.02 | -93.27% | 🇲🇽 Mexico |
 Telefonica Brasil VIV | 12.2 | -88.26% | 🇧🇷 Brazil |
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.