P/E ratio for Telus (TU)
P/E ratio as of February 2023 (TTM): 22.8
According to Telus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8105. At the end of 2017 the company had a P/E ratio of 19.8.
P/E ratio history for Telus from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2017 | 19.8 | |
| 2014 | 17.2 | -2.3% |
| 2013 | 17.6 | 9.84% |
| 2012 | 16.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 AT&T T | 7.34 | -67.83% | 🇺🇸 USA |
 Verizon VZ | 9.04 | -60.35% | 🇺🇸 USA |
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Rogers Communication RCI | 20.2 | -11.64% | 🇨🇦 Canada |
 BCE BCE | 19.9 | -12.80% | 🇨🇦 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.