Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 9.90.
Forward PE Ratio (9.90) = Close Price ($49.45) / Consensus Forward EPS ($4.99)
FORWARD PE RATIO
9.90
SECTOR MEDIAN · COMMUNICATION SERVICES
16.79
median of 23 covered companies
CURRENT VS SECTOR MEDIAN
-41.04%
vs the sector median at left
Verizon Communications Inc.
Market Cap
$206.48B
Forward PE Ratio
9.90
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Verizon Communications Inc. (VZ) | $206.48B | 9.90 |
| T-Mobile US, Inc. (TMUS)vs › | $196.34B | 16.79 |
| The Walt Disney Company (DIS)vs › | $187.13B | 15.68 |
| AT&T Inc. (T)vs › | $173.43B | 10.81 |
| Spotify Technology S.A. (SPOT)vs › | $109.72B | 42.72 |
| DoorDash, Inc. (DASH)vs › | $97.38B | 86.47 |
| Comcast Corporation (CMCSA)vs › | $95.28B | 7.66 |
| Netflix, Inc. (NFLX)vs › | $331.41B | 22.12 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $71.58B | N/A |
| Live Nation Entertainment, Inc. (LYV)vs › | $42.31B | N/A |
Trailing P/E
12.9
reported TTM EPS
Forward P/E
9.9
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.99 implies +29.9% EPS growth vs the reported trailing $3.84.
At today's $49.45 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.99 | $4.96 – $5.18 | 16 | 9.9x |
| 2027-12-31 | $5.25 | $5.10 – $5.46 | 15 | 9.4x |
| 2028-12-31 | $5.63 | $5.21 – $6.00 | 8 | 8.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute