ERIC P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
ERIC's p/e ratio is higher than 82% of the last 10 years.
P/E ratio History
ERIC P/E ratio by year
Yearly range of ERIC’s p/e ratio from 2016 to 2026. Over the full period it ranged from -214.1 to 1,810.0, averaging 79.8.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 10.3 | 13.9 | 19.2 | 19.0 |
| 2025 | 10.7 | 307.1 | 1,230.6 | 10.7 |
| 2024 | -214.1 | -52.8 | 1,119.4 | 1,119.4 |
| 2023 | -8.6 | 7.3 | 16.5 | -8.6 |
| 2022 | 8.5 | 11.4 | 16.8 | 8.7 |
| 2021 | 14.2 | 18.7 | 22.8 | 14.2 |
| 2020 | 19.1 | 116.2 | 179.8 | 19.1 |
| 2019 | -93.4 | 370.8 | 1,810.0 | 150.0 |
| 2018 | -39.2 | -9.8 | -5.4 | -39.2 |
| 2017 | -19.3 | 14.9 | 114.3 | -11.7 |
| 2016 | 13.5 | 14.9 | 16.6 | 16.3 |
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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is ERIC P/E ratio High or Low Right Now?
Telefonaktiebolaget LM Ericsson (publ)'s P/E ratio is currently 19.0, which is historically pricey relative to its 10-year historical range. The 10-year median P/E ratio for ERIC is approximately 11.8. See all ERIC valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.