P/E ratio for Telefónica (TEF)
P/E ratio as of April 2024 (TTM): 15.4
According to Telefónica's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.416. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Telefónica from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | 306.26% |
| 2021 | 2.67 | -80.54% |
| 2020 | 13.7 | -61.46% |
| 2019 | 35.6 | 196.03% |
| 2018 | 12.0 | -20.27% |
| 2017 | 15.1 | -24.8% |
| 2016 | 20.0 | -17.2% |
| 2015 | 24.2 | 31.44% |
| 2014 | 18.4 | 50.25% |
| 2013 | 12.3 | -1.57% |
| 2012 | 12.4 | 17.94% |
| 2011 | 10.6 | 38.22% |
| 2010 | 7.64 | -33.41% |
| 2009 | 11.5 | 23.56% |
| 2008 | 9.28 | -25.14% |
| 2007 | 12.4 | -8.19% |
| 2006 | 13.5 | -2.14% |
| 2005 | 13.8 | -35.74% |
| 2004 | 21.5 | -25% |
| 2003 | 28.6 | -485.7% |
| 2002 | -7.42 | -127.1% |
| 2001 | 27.4 |
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 | 14.6 | -5.51% | 🇲🇽 Mexico |
 Telefonica Brasil VIV | 15.6 | 1.39% | 🇧🇷 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.