Price to Earnings (P/E)
since 2005
Beginner level
Calculation
Verizon Communications Inc., P/E, long-term trends, calculation
| P/E | = | Share price1, 2, 3 | ÷ | Earnings per share1 (EPS) | EPS1 | = | Net income attributable to Verizon1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 12.49 | = | 58.20 | ÷ | 4.66 | 4.66 | = | 19,265 | ÷ | 4,135,863,778 | |
| Dec 31, 2018 | 14.68 | = | 55.16 | ÷ | 3.76 | 3.76 | = | 15,528 | ÷ | 4,132,045,883 | |
| Dec 31, 2017 | 6.54 | = | 48.29 | ÷ | 7.38 | 7.38 | = | 30,101 | ÷ | 4,079,486,153 | |
| Dec 31, 2016 | 15.35 | = | 49.43 | ÷ | 3.22 | 3.22 | = | 13,127 | ÷ | 4,076,731,752 | |
| Dec 31, 2015 | 11.54 | = | 50.63 | ÷ | 4.39 | 4.39 | = | 17,879 | ÷ | 4,073,840,949 | |
| Dec 31, 2014 | 21.06 | = | 48.77 | ÷ | 2.32 | 2.32 | = | 9,625 | ÷ | 4,155,408,208 | |
| Dec 31, 2013 | 17.11 | = | 47.50 | ÷ | 2.78 | 2.78 | = | 11,497 | ÷ | 4,141,140,749 | |
| Dec 31, 2012 | 150.66 | = | 46.12 | ÷ | 0.31 | 0.31 | = | 875 | ÷ | 2,858,275,417 | |
| Dec 31, 2011 | 44.99 | = | 38.14 | ÷ | 0.85 | 0.85 | = | 2,404 | ÷ | 2,835,524,157 | |
| Dec 31, 2010 | 40.96 | = | 36.92 | ÷ | 0.90 | 0.90 | = | 2,549 | ÷ | 2,828,072,313 | |
| Dec 31, 2009 | 22.47 | = | 28.93 | ÷ | 1.29 | 1.29 | = | 3,651 | ÷ | 2,835,726,911 | |
| Dec 31, 2008 | 12.63 | = | 28.57 | ÷ | 2.26 | 2.26 | = | 6,428 | ÷ | 2,840,569,560 | |
| Dec 31, 2007 | 19.33 | = | 37.18 | ÷ | 1.92 | 1.92 | = | 5,521 | ÷ | 2,870,955,142 | |
| Dec 31, 2006 | 17.42 | = | 37.10 | ÷ | 2.13 | 2.13 | = | 6,197 | ÷ | 2,909,893,627 | |
| Dec 31, 2005 | 13.61 | = | 34.39 | ÷ | 2.53 | 2.53 | = | 7,397 | ÷ | 2,926,823,217 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Verizon Communications Inc.’s Annual Report.
Comparison to Competitors
Verizon Communications Inc., P/E, long-term trends, comparison to competitors
| Verizon Communications Inc. | AT&T Inc. | |
|---|---|---|
| Dec 31, 2019 | 12.49 | 19.92 |
| Dec 31, 2018 | 14.68 | 11.60 |
| Dec 31, 2017 | 6.54 | 7.67 |
| Dec 31, 2016 | 15.35 | 19.63 |
| Dec 31, 2015 | 11.54 | 17.05 |
| Dec 31, 2014 | 21.06 | 28.42 |
| Dec 31, 2013 | 17.11 | 9.36 |
| Dec 31, 2012 | 150.66 | 26.97 |
| Dec 31, 2011 | 44.99 | 45.61 |
| Dec 31, 2010 | 40.96 | 8.36 |
| Dec 31, 2009 | 22.47 | 11.66 |
| Dec 31, 2008 | 12.63 | 10.86 |
| Dec 31, 2007 | 19.33 | 17.78 |
| Dec 31, 2006 | 17.42 | 31.83 |
| Dec 31, 2005 | 13.61 | 22.77 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
Comparison to Sector (Fixed Line Telecommunications)
Verizon Communications Inc., P/E, long-term trends, comparison to sector (fixed line telecommunications)
| Verizon Communications Inc. | Fixed Line Telecommunications | |
|---|---|---|
| Dec 31, 2019 | 12.49 | 15.61 |
| Dec 31, 2018 | 14.68 | 12.97 |
| Dec 31, 2017 | 6.54 | 7.10 |
| Dec 31, 2016 | 15.35 | 17.48 |
| Dec 31, 2015 | 11.54 | 13.89 |
| Dec 31, 2014 | 21.06 | 23.95 |
| Dec 31, 2013 | 17.11 | 12.35 |
| Dec 31, 2012 | 150.66 | 40.27 |
| Dec 31, 2011 | 44.99 | 45.37 |
| Dec 31, 2010 | 40.96 | 12.06 |
| Dec 31, 2009 | 22.47 | 14.10 |
| Dec 31, 2008 | 12.63 | 11.45 |
| Dec 31, 2007 | 19.33 | 18.27 |
| Dec 31, 2006 | 17.42 | 25.24 |
| Dec 31, 2005 | 13.61 | 17.21 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).
Comparison to Industry (Telecommunications)
Verizon Communications Inc., P/E, long-term trends, comparison to industry (telecommunications)
| Verizon Communications Inc. | Telecommunications | |
|---|---|---|
| Dec 31, 2019 | 12.49 | 16.07 |
| Dec 31, 2018 | 14.68 | 13.52 |
| Dec 31, 2017 | 6.54 | 7.39 |
| Dec 31, 2016 | 15.35 | 18.44 |
| Dec 31, 2015 | 11.54 | 14.54 |
| Dec 31, 2014 | 21.06 | 25.18 |
| Dec 31, 2013 | 17.11 | 13.16 |
| Dec 31, 2012 | 150.66 | 40.27 |
| Dec 31, 2011 | 44.99 | 45.37 |
| Dec 31, 2010 | 40.96 | 12.06 |
| Dec 31, 2009 | 22.47 | 14.10 |
| Dec 31, 2008 | 12.63 | 11.45 |
| Dec 31, 2007 | 19.33 | 18.27 |
| Dec 31, 2006 | 17.42 | 25.24 |
| Dec 31, 2005 | 13.61 | 17.21 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-15), 10-K (filing date: 2018-02-23), 10-K (filing date: 2017-02-21), 10-K (filing date: 2016-02-23), 10-K (filing date: 2015-02-23), 10-K (filing date: 2014-02-27), 10-K (filing date: 2013-02-26), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-28), 10-K (filing date: 2010-02-26), 10-K (filing date: 2009-02-24), 10-K (filing date: 2008-02-28), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-14).