TLTZF (Tele2 AB) Forward PE Ratio: 18.88 (As of Jul. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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TLTZF Tele2 AB TLTZF
70 GF Score
Price $18.34
GF Value $12.44
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Tele2 AB Forward PE Ratio?

Tele2 AB TLTZF 70 Forward PE Ratio is 18.88 as of Jul. 16, 2026. GuruFocus rates TLTZF with a GF Score™ of 70/100 and a GF Value™ of $12.44 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 210 Telecommunication Services companies, Tele2 AB ranks worse than 67.62% on this metric.

Tele2 AB's Forward PE Ratio for today is 18.88.

Tele2 AB's PE Ratio without NRI for today is 11.55.

Tele2 AB's PE Ratio (TTM) for today is 11.84.


Tele2 AB  (OTCPK:TLTZF) 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 .


Tele2 AB Forward PE Ratio Related Terms


Tele2 AB Forward PE Ratio Historical Data

* Premium members only.

The historical data trend for Tele2 AB'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.

Tele2 AB Forward PE Ratio Chart

Tele2 AB 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
21.37 20.16 21.74 20.28 21.74 17.64 21.01 15.06 14.77 18.95 19.20

Tele2 AB 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 2026-06
Forward PE Ratio 21.37 17.99 31.75 20.88 20.16 23.92 25.06 20.66 21.74 21.83 24.88 18.73 20.28 21.05 22.94 22.22 21.74 22.27 22.62 20.28 17.64 19.34 20.12 21.05 21.01 22.62 19.88 21.28 15.06 18.08 19.12 14.77 14.77 16.47 22.08 20.58 18.95 19.44 21.01 20.66 19.20 22.78 15.48

TLTZF vs TMUS, VZ, T: Forward PE Ratio Comparison

For the Telecom Services subindustry, Tele2 AB'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.


Tele2 AB Forward PE Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Tele2 AB's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Tele2 AB's Forward PE Ratio falls into.


TLTZF
70GF Score
Tele2 AB TLTZF
Forward PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Tele2 AB 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.

Frequently Asked Questions Learn more about Forward PE Ratio →
What does a Forward PE Ratio of 18.88 mean?
Tele2 AB (TLTZF) has a Forward PE Ratio of 18.88 as of Jul. 16, 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 Tele2 AB and its competitors. According to the industry distribution chart, Tele2 AB ranks #142 out of 210 companies in the Telecommunication Services industry, placing it in the top 67.6%.
Is Tele2 AB's Forward PE Ratio too high?
Tele2 AB's current Forward PE Ratio is 18.88. The Telecommunication Services industry median Forward PE Ratio is 14.50. Tele2 AB's value of 18.88 is 30.3% above this industry median. Based on the distribution chart, Tele2 AB ranks #142 out of 210 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Tele2 AB has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tele2 AB's Forward PE Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Tele2 AB ranks #142 out of 210 companies for Forward PE Ratio. This places Tele2 AB in the lower half of its industry. The industry median Forward PE Ratio is 14.50. Tele2 AB's value of 18.88 is 30.3% above 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 14.50, 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. Tele2 AB's current Forward PE Ratio of 18.88 is 30.3% above 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 Tele2 AB and its competitors. For the Telecommunication Services industry, the median Forward PE Ratio is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tele2 AB's current Forward PE Ratio is 18.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tele2 AB stock overvalued right now?
Based on GuruFocus' analysis, Tele2 AB (TLTZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.44, compared to a current price of $18.34 — trading 47.4% above its estimated fair value. The current Forward PE Ratio is 18.88 and 30.3% above the Telecommunication Services industry median of 14.50. Tele2 AB's overall GF Score™ is 70/100 with 2 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 Tele2 AB (TLTZF), the current Forward PE Ratio is 18.88 as of Jul. 16, 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 Tele2 AB (TLTZF) Overvalued in 2026?

Based on GuruFocus' analysis, Tele2 AB stock appears to be overvalued. The current stock price of $18.34 is trading 47.4% above its estimated GF Value™ of $12.44. GuruFocus considers Tele2 AB to be Significantly Overvalued.

Key valuation signals for TLTZF:

  • Forward PE Ratio: 18.88
  • GF Value™: $12.44 vs. price of $18.34 (47.4% above fair value)
  • GF Score™: 70/100 with 2 warning signs
  • Industry Position: 30.3% above the Telecommunication Services median (#142 of 210)

No single metric tells the full story. See the TLTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tele2 AB Business Description

Address Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 164 40
Tele2 is the second-largest telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. Tele2 is a well-managed firm, showing good cost discipline and a healthy dividend policy, which we expect will remain.
70GF Score

Get the complete analysis for TLTZF

Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.34
Price
$12.44
GF Value