As of Apr 23, 2024, the Verizon Communications stock's PE ratio is 14.38. This takes into account the latest EPS of $2.76 and stock price of $39.7. The PE ratio has grown by 64% from its last 4 quarters average of 8.8.
The PE ratio of Verizon Communications has averaged 12.21 over the last ten years. The current P/E ratio of 14.38 is 18% higher than the historical average. Looking back at the last ten years, VZ's PE ratio peaked in the Mar 2015 quarter at 20.87, when the price was $48.63 and the EPS was $2.33. The lowest point was in the Mar 2018 quarter, when it reached 6.26 with a price of $47.82 and an EPS of $7.64.
Maximum annual increase: 108.22% in 2018
Maximum annual decrease: -56.69% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.66 | 75.35% |
| 2022 | 7.79 | -20.27% |
| 2021 | 9.77 | -28.48% |
| 2020 | 13.66 | 3.64% |
| 2019 | 13.18 | -11.84% |
| 2018 | 14.95 | 108.22% |
| 2017 | 7.18 | -56.69% |
| 2016 | 16.58 | 57.16% |
| 2015 | 10.55 | -45.42% |
| 2014 | 19.33 | 57.8% |
The current PE ratio of VZ is higher than its 3, 5 and 10-year averages.
In comparison to its peers AAPL and GOOGL, VZ's PE ratio is lower, but it is higher than T's. Verizon Communications's PE ratio is trading below the peer average of 26.66.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 8.38 | $118.02B |
| VZ Verizon Communications Inc | 14.38 | $166.91B |
| SPOK Spok Holdings Inc | 19.49 | $310.1M |
| TMUS T-Mobile US Inc | 23.25 | $193.76B |
| AAPL Apple Inc | 25.84 | $2.58T |
| GOOGL Alphabet Inc | 27.1 | $1.97T |
| USM United States Cellular Corp | 55.89 | $3.04B |
| SHEN Shenandoah Telecommunications Co | 87.75 | $705.82M |
| TDS Telephone & Data Systems Inc | N/A | $1.67B |
As of Apr 23, 2024, VZ stock has a price to earnings ratio of 14.38.
The 3-year average price to earnings ratio for VZ stock is 9.34.
The 5-year average price to earnings ratio for VZ stock is 11.06.
Over the last ten years, the quarterly PE ratio reached its highest level at 20.87 in the Mar 2015 quarter.
VZ's price to earnings ratio is currently 18% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Apr 23, 2024), Verizon Communications's share price is $39.7. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.76. Therefore, Verizon Communications's PE ratio for today is 14.38. PE RATIO(14.38) = STOCK PRICE($39.7) / TTM EPS($2.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.