Telefonaktiebolaget LM Ericsson (publ) Overview
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+ Follow18.67
The P/E ratio compares a company's stock price to its earnings per share. A lower P/E ratio may indicate that the stock is undervalued.
Telefonaktiebolaget LM Ericsson (publ) (ERIC-A.ST) currently reports a P/E ratio of 18.67. That is below the Technology sector average of 39.36. Use the charts on this page to explore Telefonaktiebolaget LM Ericsson (publ)'s P/E ratio history and peer comparisons.
Telefonaktiebolaget LM Ericsson (publ)'s P/E ratio of 18.67 is lower than the Technology sector average of 39.36. That is roughly 52.6% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Telefonaktiebolaget LM Ericsson (publ)'s market price to a fundamental measure such as earnings, sales, or book value. At 18.67, ERIC-A.ST can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 18.67, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 39.36. From there, open related valuation or income-statement pages for Telefonaktiebolaget LM Ericsson (publ), and consider following ERIC-A.ST for alerts when major investors trade the stock.
Telefonaktiebolaget LM Ericsson (publ) is classified in the Technology sector. On P/E ratio, it currently shows 18.67 versus a sector average near 39.36. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing ERIC-A.ST with unrelated industries.
