Verizon Communications Inc

NYSE VZ

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Verizon Communications Inc Price to Earnings Ratio (P/E) on June 03, 2024: 18.33

Verizon Communications Inc Price to Earnings Ratio (P/E) is 18.33 on June 03, 2024, a 172.87% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Verizon Communications Inc 52-week high Price to Earnings Ratio (P/E) is 18.41 on May 31, 2024, which is 0.41% above the current Price to Earnings Ratio (P/E).
  • Verizon Communications Inc 52-week low Price to Earnings Ratio (P/E) is 6.18 on October 13, 2023, which is -66.31% below the current Price to Earnings Ratio (P/E).
  • Verizon Communications Inc average Price to Earnings Ratio (P/E) for the last 52 weeks is 9.58.
NYSE: VZ

Verizon Communications Inc

CEO Mr. Hans E. Vestberg
IPO Date July 23, 2000
Location United States
Headquarters 1095 Avenue of the Americas, New York, NY, United States, 10036
Employees 104,400
Sector Communication Services
Industry Telecom services
Description

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business). The Consumer segment provides wireless services across the wireless networks in the United States under the Verizon and TracFone brands and through wholesale and other arrangements; and fixed wireless access (FWA) broadband through its wireless networks, as well as related equipment and devices, such as smartphones, tablets, smart watches, and other wireless-enabled connected devices. The segment also offers wireline services in the Mid-Atlantic and Northeastern United States, as well as Washington D.C. through its fiber-optic network, Verizon Fios product portfolio, and a copper-based network. The Business segment provides wireless and wireline communications services and products, including FWA broadband, data, video and conferencing, corporate networking, security and managed network, local and long-distance voice, and network access services to deliver various IoT services and products to businesses, government customers, and wireless and wireline carriers in the United States and internationally. The company was formerly known as Bell Atlantic Corporation and changed its name to Verizon Communications Inc. in June 2000. Verizon Communications Inc. was incorporated in 1983 and is headquartered in New York, New York.

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StockViz Staff

September 20, 2024

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