AT&T Inc. is a North American telecommunications company. In addition to telephone, data and video telecommunications, AT&T also provides mobile communications and internet services for companies, private customers and government organizations. AT&T has long had a monopoly in the United States and Canada.
P/E ratio for AT&T (T)
P/E ratio as of May 2024 (TTM): -11.1
According to AT&T's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.1046. At the end of 2022 the company had a P/E ratio of -16.1.
P/E ratio history for AT&T from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -16.1 | -340.68% |
| 2021 | 6.71 | -123.48% |
| 2020 | -28.6 | -283.98% |
| 2019 | 15.5 | 106.84% |
| 2018 | 7.51 | 21.75% |
| 2017 | 6.17 | -59.67% |
| 2016 | 15.3 | 39.49% |
| 2015 | 11.0 | -47.7% |
| 2014 | 21.0 | 169.23% |
| 2013 | 7.79 | -62.68% |
| 2012 | 20.9 | -39.69% |
| 2011 | 34.6 | 423.99% |
| 2010 | 6.60 | -33.87% |
| 2009 | 9.99 | 1.13% |
| 2008 | 9.87 | -38.66% |
| 2007 | 16.1 | 12.67% |
| 2006 | 14.3 | 9.68% |
| 2005 | 13.0 | 19.13% |
| 2004 | 10.9 | 42.05% |
| 2003 | 7.70 | -36.46% |
| 2002 | 12.1 | -14.41% |
| 2001 | 14.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Walt Disney DIS | 93.9 | -945.84% | 🇺🇸 USA |
 T-Mobile US TMUS | 25.1 | -325.99% | 🇺🇸 USA |
 Verizon VZ | 7.93 | -171.41% | 🇺🇸 USA |
 Comcast CMCSA | 10.6 | -195.36% | 🇺🇸 USA |
 Shentel SHEN | < -1000 | 12,651.47% | 🇺🇸 USA |
 America Movil AMX | 15.7 | -241.06% | 🇲🇽 Mexico |
 U.S. Cellular
USM | -129 | 1,061.36% | 🇺🇸 USA |
 Telephone and Data Systems
TDS | -18.5 | 66.33% | 🇺🇸 USA |
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.