Telefonaktiebolaget LM Ericsson (publ)
ERIC

$27.14 B
Marketcap
$8.21
Share price
Country
$-0.02
Change (1 day)
$8.62
Year High
$4.77
Year Low

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecom and other sectors. It operates through four segments: Networks, Digital Services, Managed Services, and Emerging Business and Other. The Networks segment offers radio access network solutions for various network spectrum bands, including integrated high-performing hardware and software. This segment also provides integrated antenna and transport solutions; and a range of service portfolio covering network deployment and support. The Digital Services segment offers software-based solutions for business support systems, operational support systems, communication services, core networks, and cloud infrastructure. The Managed Services segment provides networks and IT managed, network design and optimization, and application development and maintenance services to telecom operators. The Emerging Business and Other segment includes emerging businesses comprising Internet of Things; iconectiv; Cradlepoint that offers wireless edge WAN 4G and 5G enterprise solutions; and Red Bee Media, MediaKind, and other new businesses. It operates in North America, Europe and Latin America, the Middle East and Africa, South East Asia, Oceania, India, North East Asia, and internationally. Telefonaktiebolaget LM Ericsson (publ) was founded in 1876 and is headquartered in Stockholm, Sweden.

marketcap

P/E ratio for Telefonaktiebolaget LM Ericsson (publ) (ERIC)

P/E ratio as of 2023: -7.95

According to Telefonaktiebolaget LM Ericsson (publ)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.95. At the end of 2022 the company had a P/E ratio of 10.83.

P/E ratio history for Telefonaktiebolaget LM Ericsson (publ) from 1986 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 -7.95
2022 10.83
2021 14.64
2020 18.56
2019 121.29
2018 -38.88
2017 -5.05
2016 101.73
2015 19.74
2014 26.40
2013 21.09
2012 37.20
2011 18.51
2010 22.42
2009 -24.51
2008 16.60
2007 10.71
2006 17.10
2005 17.80
2004 17.53
2003 -18.84
2002 -4.03
2001 -15.32
2000 28.90
1999 64.85
1998 61.34
1997 65.93
1996 111.22
1995 137.44
1994 149.93
1993 240.46
1992 1417.40
1991 599.43
1990 223.40
1989 270.91
1988 544.40
1987 866.66
1986 1232.87