Telus
TU
#576
Rank
$31.36 B
Marketcap
$21.78
Share price
1.07%
Change (1 day)
-7.67%
Change (1 year)

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
201719.8
201417.2-2.3%
201317.69.84%
201216.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.34-67.83%๐Ÿ‡บ๐Ÿ‡ธ USA
9.04-60.35%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡ซ๐Ÿ‡ท France
20.2-11.64%๐Ÿ‡จ๐Ÿ‡ฆ Canada
19.9-12.80%๐Ÿ‡จ๐Ÿ‡ฆ 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.