Top telecommunication companies by P/E ratio

Companies: 207 average P/E ratio (TTM): 12.7

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.

Rank	Name	P/E ratio	Price	Today	Country
201	LINK Mobility Group LINK.OL	-557	₹293.31	1.55%	🇳🇴 Norway
202	Tessellis TSL.MI	-0.1925	₹9.16	6.30%	🇮🇹 Italy
203	Slam Corp SLMWF	223	₹1,009	0.00%	🇺🇸 USA
204	China Satellite Communications 601698.SS	208	₹294.92	1.25%	🇨🇳 China
205	Altius Telecom Infrastructure Trust ALTIUSINVIT.BO	37.5	₹153.06	0.00%	🇮🇳 India
206	Hayat Communications Company DIGITUS.KW	< -1000	₹2,59,701	3.41%	🇰🇼 Kuwait
207	Elauwit Connection ELWT	-11.0	₹537.99	5.11%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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