P/E ratio for Telus (TU)
P/E ratio as of December 2023 (TTM): 29.2
According to Telus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.225. 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 |
|---|---|---|
| 2022 | 21.8 | -10.65% |
| 2021 | 24.4 | -13.36% |
| 2020 | 28.2 | 60.19% |
| 2019 | 17.6 | 8.73% |
| 2018 | 16.2 | -16.54% |
| 2017 | 19.4 | -3.76% |
| 2016 | 20.2 | 28.3% |
| 2015 | 15.7 | -8.76% |
| 2014 | 17.2 | -2.3% |
| 2013 | 17.6 | 2.25% |
| 2012 | 17.2 | 21.42% |
| 2011 | 14.2 | 3.26% |
| 2010 | 13.8 | 21.49% |
| 2009 | 11.3 | 30.2% |
| 2008 | 8.69 | -33.44% |
| 2007 | 13.1 | -14.13% |
| 2006 | 15.2 | -38.39% |
| 2005 | 24.7 | 5.78% |
| 2004 | 23.3 | -14.41% |
| 2003 | 27.3 | -243.19% |
| 2002 | -19.0 | -237.59% |
| 2001 | 13.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AT&T T | -10.8 | -137.06% | 🇺🇸 USA |
 Verizon VZ | 7.73 | -73.56% | 🇺🇸 USA |
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Rogers Communication RCI | 23.9 | -18.37% | 🇨🇦 Canada |
 BCE BCE | 21.8 | -25.45% | 🇨🇦 Canada |
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.