Telefonaktiebolaget L M Ericsson Overview
Latest P/E ratio for Telefonaktiebolaget L M Ericsson: 12.35 — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow12.35
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.
The latest P/E ratio for ERIC is 12.35. That is below the Technology sector average of 35.14. Investors often review this figure alongside Telefonaktiebolaget L M Ericsson's historical trend and sector peers before judging valuation or financial health.
Against Technology companies, ERIC currently prints 12.35 for P/E ratio, while the sector average sits near 35.14. That is roughly 64.9% below the sector mean. Large gaps often invite a closer look at Telefonaktiebolaget L M Ericsson's growth, margins, and balance sheet.
A P/E ratio of 12.35 for Telefonaktiebolaget L M Ericsson is not 'good' or 'bad' on its own. Compare it with the peer average (35.14) and with ERIC's multi-year chart on this page. Persistently elevated multiples need growth or quality to justify them; depressed multiples need a catalyst or evidence the business is misunderstood.
After noting ERIC's P/E ratio (12.35), review year-over-year change, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.
This page's peer comparison chart is the fastest way to stack Telefonaktiebolaget L M Ericsson's P/E ratio against similar Technology names. You can also browse sector and industry screens on Stockcircle for a broader set of Technology companies and their key multiples and fundamentals.
