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Verizon Communications (FRA:BAC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Verizon Communications Forward PE Ratio Related Terms
Verizon Communications Forward PE Ratio Historical Data
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The historical data trend for Verizon Communications's Forward PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Verizon Communications Forward PE Ratio Chart
Verizon Communications Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
11.93
13.07
13.85
11.59
12.39
12.12
9.86
7.87
8.13
8.58
8.16
Verizon Communications Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
11.93
12.95
14.33
12.82
13.07
12.92
11.76
13.02
13.85
10.29
11.00
11.09
11.59
12.69
12.00
12.27
12.39
10.54
11.27
11.99
12.12
11.49
11.12
10.16
9.86
9.43
9.64
7.25
7.87
8.32
7.89
6.86
8.13
8.80
8.96
9.54
8.58
9.25
8.68
8.93
8.16
10.59
FRA:BAC vs TMUS, T, CMCSA: Forward PE Ratio Comparison
For the Telecom Services subindustry, Verizon Communications's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Verizon Communications Forward PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Verizon Communications's Forward PE Ratio falls into.
Verizon Communications Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Verizon Communications (FRA:BAC) has a Forward PE Ratio of 9.01 as of Jul. 18, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Verizon Communications and its competitors. According to the industry distribution chart, Verizon Communications ranks #40 out of 210 companies in the Telecommunication Services industry, placing it in the top 19%.
Is Verizon Communications' Forward PE Ratio too high?
Verizon Communications' current Forward PE Ratio is 9.01. The Telecommunication Services industry median Forward PE Ratio is 14.26. Verizon Communications' value of 9.01 is 36.8% below this industry median. Based on the distribution chart, Verizon Communications ranks #40 out of 210 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Verizon Communications has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Verizon Communications' Forward PE Ratio compare to TMUS and T?
According to the Telecommunication Services industry distribution chart, Verizon Communications ranks #40 out of 210 companies for Forward PE Ratio. This places Verizon Communications in the top 19% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 14.26. Verizon Communications' value of 9.01 is 36.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Telecommunication Services company?
The median Forward PE Ratio among Telecommunication Services companies is 14.26, based on 210 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Verizon Communications's current Forward PE Ratio of 9.01 is 36.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Verizon Communications and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verizon Communications's current Forward PE Ratio is 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verizon Communications stock overvalued right now?
Based on GuruFocus' analysis, Verizon Communications (FRA:BAC) is currently considered Fairly Valued. The stock's GF Value™ is €37.03, compared to a current price of €37.93 — trading 2.4% above its estimated fair value. The current Forward PE Ratio is 9.01 and 36.8% below the Telecommunication Services industry median of 14.26. Verizon Communications' overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Verizon Communications (FRA:BAC), the current Forward PE Ratio is 9.01 as of Jul. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Verizon Communications (FRA:BAC) Overvalued in 2026?
Based on GuruFocus' analysis, Verizon Communications stock appears to be overvalued.
The current stock price of €37.93 is trading 2.4% above its estimated GF Value™ of €37.03.
GuruFocus considers Verizon Communications to be Fairly Valued.
Key valuation signals for FRA:BAC:
Forward PE Ratio: 9.01
GF Value™: €37.03 vs. price of €37.93 (2.4% above fair value)
Industry Position: 36.8% below the Telecommunication Services median (#40 of 210)
No single metric tells the full story. See the FRA:BAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wireless services account for 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 94 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast that reach about 30 million homes and businesses, including about 20 million served by the Fios fiber-optic network. Verizon closed its acquisition of Frontier Communications in January, adding networks that reach another 15 million locations, including 9 million with fiber. These networks serve about 11 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, using a mix of its own and other networks.
64GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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