TMUS
T-Mobile US
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NASDAQ: TMUS
- PE Ratio
The PE ratio for T-Mobile US stock stands at 18.33 as of Jul 1, 2026. The calculation is based on the latest EPS of $9.44 and the stock price of $173.06 per share. A decrease of 17% has been observed in the PE ratio compared to its average of 22.1 of the last four quarters.
TMUS PE ratio history
Over the last ten years, the average PE ratio of T-Mobile US has been 32.92. The current 18.33 P/E ratio is 44% lower than the historical average. Looking back at the last ten years, TMUS's PE ratio peaked in the Sep 2022 quarter at 109.98, with a price of $134.17 and an EPS of $1.22. The Jun 2018 quarter marked the lowest point at 10.69, with a price of $59.75 and an EPS of $5.59.
T-Mobile US PE ratio by year
Maximum annual increase: 160.46% in 2020
Maximum annual decrease: -87.08% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 20.82 | -8.52% | $203.04 | $9.75 |
| 2024 | 22.76 | -0.35% | $220.73 | $9.7 |
| 2023 | 22.84 | -66.23% | $160.33 | $7.02 |
| 2022 | 67.63 | 41.1% | $140 | $2.07 |
| 2021 | 47.93 | -4.75% | $115.98 | $2.42 |
| 2020 | 50.32 | 160.46% | $134.85 | $2.68 |
| 2019 | 19.32 | 3.26% | $78.42 | $4.06 |
| 2018 | 18.71 | 58.83% | $63.61 | $3.4 |
| 2017 | 11.78 | -64.97% | $63.51 | $5.39 |
| 2016 | 33.63 | -28.64% | $57.51 | $1.71 |
| 2015 | 47.13 | -45.77% | $39.12 | $0.83 |
| 2014 | 86.9 | -87.08% | $26.94 | $0.31 |
| 2013 | 672.8 | N/A | $33.64 | $0.05 |
| 2012 | N/A | N/A | $19.88 | -$13.7 |
| 2011 | N/A | N/A | $17.36 | -$8.81 |
T-Mobile US PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 22.25 | 6.87% | $210.03 | $9.44 |
| Dec 2025 | 20.82 | -9.28% | $203.04 | $9.75 |
| Sep 2025 | 22.95 | 2.41% | $239.38 | $10.43 |
| Jun 2025 | 22.41 | -13.54% | $238.26 | $10.63 |
| Mar 2025 | 25.92 | 13.88% | $266.71 | $10.29 |
| Dec 2024 | 22.76 | -2.28% | $220.73 | $9.7 |
| Sep 2024 | 23.29 | 6.69% | $206.36 | $8.86 |
| Jun 2024 | 21.83 | -0.64% | $176.18 | $8.07 |
| Mar 2024 | 21.97 | -3.81% | $163.22 | $7.43 |
| Dec 2023 | 22.84 | 5.5% | $160.33 | $7.02 |
| Sep 2023 | 21.65 | -21.44% | $140.05 | $6.47 |
| Jun 2023 | 27.56 | -41.2% | $138.9 | $5.04 |
| Mar 2023 | 46.87 | -30.7% | $144.84 | $3.09 |
| Dec 2022 | 67.63 | -38.51% | $140 | $2.07 |
| Sep 2022 | 109.98 | 12% | $134.17 | $1.22 |
TMUS Price vs fair value
TMUS average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
TMUS's current PE ratio is lower than its 3, 5 and 10-year averages.
PE comparison
T-Mobile US's price to earnings (P/E) of 18.33 is lower than the Communication Services sector, the industry and its peers average. In comparison with the Communication Services sector average of 27.78, T-Mobile US's price to earnings (P/E) is 34% lower.
TMUS PE vs peers
In comparison to its peer TDS, TMUS's PE ratio is lower, but it is higher than VZ's and T's. T-Mobile US's PE ratio is trading below the peer average of 23.34.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 6.78 | $140.32B |
| VZ Verizon Communications Inc | 10.05 | $172.12B |
| AD Array Digital Infrastructure Inc. | 14.7 | $3.07B |
| SPOK Spok Holdings Inc | 16.89 | $218.69M |
| TMUS T-Mobile US Inc | 18.61 | $190.1B |
| TDS Telephone & Data Systems Inc | 64.76 | $4.04B |
| SHEN Shenandoah Telecommunications Co | N/A | $769.53M |
Frequently asked questions
What is T-Mobile US's PE ratio?
As of Jul 1, 2026, TMUS stock has a price to earnings ratio of 18.33.
What is the 3-year average PE ratio for T-Mobile US (TMUS)?
The average PE ratio for TMUS stock over the past 3 years is 22.61.
What is the 5-year average PE ratio for T-Mobile US (TMUS)?
The average PE ratio for TMUS stock over the past 5 years is 39.7.
What is the highest PE ratio for TMUS?
Over the last ten years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 109.98.
How does the current PE ratio for TMUS compare to its historical average?
TMUS's current price to earnings ratio is 44% below its 10-year historical average.
How is TMUS's PE ratio calculated (T-Mobile US PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 1, 2026), T-Mobile US's share price is $173.06. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $9.44. Therefore, T-Mobile US's PE ratio for today is 18.33. PE RATIO(18.33) = STOCK PRICE($173.06) / TTM EPS($9.44)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.