T
At&T
PE ratio, current and historical analysis
- Stocks
- Communication Services
- NYSE: T
- PE Ratio
As of Jun 5, 2026, the T stock has a PE ratio of 7.63. The calculation is based on the latest EPS of $2.98 and the stock price of $22.75 per share. A decrease of 30% has been observed in the PE ratio compared to its average of 10.9 of the last four quarters.
T PE ratio history
The mean historical PE ratio of At&T over the last ten years is 19.06. The current 7.63 P/E ratio is 60% lower than the historical average. Looking back at the last ten years, T's PE ratio peaked in the Sep 2021 quarter at 207.77, with a price of $27.01 and an EPS of $0.13. The Sep 2022 quarter marked the lowest point at 5.56, with a price of $15.34 and an EPS of $2.76.
At&T PE ratio by year
Maximum annual increase: 424.26% in 2011
Maximum annual decrease: -61.88% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 8.17 | -46.53% | $24.84 | $3.04 |
| 2024 | 15.28 | 79.34% | $22.77 | $1.49 |
| 2023 | 8.52 | N/A | $16.78 | $1.97 |
| 2022 | N/A | N/A | $18.41 | -$1.13 |
| 2021 | 8.88 | N/A | $24.6 | $2.77 |
| 2020 | N/A | N/A | $28.76 | -$0.75 |
| 2019 | 20.57 | 105.49% | $39.08 | $1.9 |
| 2018 | 10.01 | 22.82% | $28.54 | $2.85 |
| 2017 | 8.15 | -59.75% | $38.88 | $4.77 |
| 2016 | 20.25 | 39.46% | $42.53 | $2.1 |
| 2015 | 14.52 | -46.4% | $34.41 | $2.37 |
| 2014 | 27.09 | 163.52% | $33.59 | $1.24 |
| 2013 | 10.28 | -61.88% | $35.16 | $3.42 |
| 2012 | 26.97 | -41.14% | $33.71 | $1.25 |
| 2011 | 45.82 | 424.26% | $30.24 | $0.66 |
At&T PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 9.73 | 19.09% | $28.99 | $2.98 |
| Dec 2025 | 8.17 | -10.91% | $24.84 | $3.04 |
| Sep 2025 | 9.17 | -44.22% | $28.24 | $3.08 |
| Jun 2025 | 16.44 | -5.24% | $28.94 | $1.76 |
| Mar 2025 | 17.35 | 13.55% | $28.28 | $1.63 |
| Dec 2024 | 15.28 | -14.59% | $22.77 | $1.49 |
| Sep 2024 | 17.89 | 62.93% | $22 | $1.23 |
| Jun 2024 | 10.98 | 16.07% | $19.11 | $1.74 |
| Mar 2024 | 9.46 | 11.03% | $17.6 | $1.86 |
| Dec 2023 | 8.52 | N/A | $16.78 | $1.97 |
| Sep 2023 | N/A | N/A | $15.02 | -$1.52 |
| Jun 2023 | N/A | N/A | $15.95 | -$1.17 |
| Mar 2023 | N/A | N/A | $19.25 | -$1.21 |
| Dec 2022 | N/A | N/A | $18.41 | -$1.13 |
| Sep 2022 | 5.56 | -27.03% | $15.34 | $2.76 |
T Price vs fair value
T 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.
The current PE ratio of T is lower than its 3, 5 and 10-year averages.
PE comparison
At&T's price to earnings (P/E) of 7.63 is lower than the Communication Services sector, the industry and its peers average. In comparison with the Communication Services sector average of 25.87, At&T's price to earnings (P/E) is 71% lower.
T PE vs peers
In comparison to its peers TMUS and VZ, T's PE ratio is lower, but it is higher than CMCSA's. At&T's PE ratio is trading below the peer average of 23.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMCSA Comcast Corp | 4.65 | $85.09B |
| T At&T Inc | 7.63 | $158.07B |
| VZ Verizon Communications Inc | 11.07 | $189.45B |
| DIS Walt Disney Co | 15.9 | $173.15B |
| TMUS T-Mobile US Inc | 18.87 | $192.74B |
| AD Array Digital Infrastructure Inc. | 20.85 | $4.36B |
| TDS Telephone & Data Systems Inc | 71.2 | $4.44B |
| SHEN Shenandoah Telecommunications Co | N/A | $891.79M |
Frequently asked questions
What is At&T's PE ratio?
T stock has a price to earnings ratio of 7.63 as of Jun 5, 2026.
What is the 3-year average PE ratio for At&T (T)?
The average PE ratio for T stock over the past 3 years is 12.3.
What is the 5-year average PE ratio for At&T (T)?
The average PE ratio for T stock over the past 5 years is 24.18.
What is the highest PE ratio for T?
Over the last ten years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 207.77.
How does the current PE ratio for T compare to its historical average?
T's current price to earnings ratio is 60% below its 10-year historical average.
Why is At&T's PE ratio so low?
T's PE ratio of 7.63 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is T's PE ratio calculated (At&T 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 (Jun 5, 2026), At&T's share price is $22.75. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.98. Therefore, At&T's PE ratio for today is 7.63. PE RATIO(7.63) = STOCK PRICE($22.75) / TTM EPS($2.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.