Telefonica Brasil (FRA:TSPA) PE Ratio (TTM): 18.38 (As of Jul. 08, 2026) — 29% Above Median


FRA:TSPA Telefonica Brasil SA FRA:TSPA
80 GF Score
Price €11.60
GF Value €10.65
! 2 Warning Signs
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What is Telefonica Brasil PE Ratio (TTM)?

Telefonica Brasil FRA:TSPA +0.87% 80 PE Ratio (TTM) is 18.38 as of Jul. 08, 2026, which is 29% above its 10-year median of 14.24. GuruFocus rates FRA:TSPA with a GF Score™ of 80/100 and a GF Value™ of €10.65. The stock has 2 warning signs investors should review. Among 255 Telecommunication Services companies, Telefonica Brasil ranks worse than 51.76% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-08), Telefonica Brasil's share price is €11.60. Telefonica Brasil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.63. Therefore, Telefonica Brasil's PE Ratio (TTM) for today is 18.38.

Good Sign:

Telefonica Brasil SA stock PE Ratio (=17.28) is close to 1-year low of 16.34.


The historical rank and industry rank for Telefonica Brasil's PE Ratio (TTM) or its related term are showing as below:

FRA:TSPA' s PE Ratio (TTM) Range Over the Past 10 Years
Min: 4.75   Med: 14.24   Max: 22.42
Current: 17.28


During the past 13 years, the highest PE Ratio (TTM) of Telefonica Brasil was 22.42. The lowest was 4.75. And the median was 14.24.


FRA:TSPA's PE Ratio (TTM) is ranked worse than
51.76% of 255 companies
in the Telecommunication Services industry
Industry Median: 16.63 vs FRA:TSPA: 17.28

Telefonica Brasil's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was €0.13. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.63.

As of today (2026-07-08), Telefonica Brasil's share price is €11.60. Telefonica Brasil's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.68. Therefore, Telefonica Brasil's PE Ratio without NRI for today is 17.19.

During the past 13 years, Telefonica Brasil's highest PE Ratio without NRI was 20.98. The lowest was 5.41. And the median was 13.00.

Telefonica Brasil's EPS without NRI for the three months ended in Mar. 2026 was €0.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was €0.68.

During the past 12 months, Telefonica Brasil's average EPS without NRI Growth Rate was 20.90% per year. During the past 3 years, the average EPS without NRI Growth Rate was 20.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 6.70% per year. During the past 10 years, the average EPS without NRI Growth Rate was 1.90% per year.

During the past 13 years, Telefonica Brasil's highest 3-Year average EPS without NRI Growth Rate was 39.00% per year. The lowest was -10.30% per year. And the median was 0.20% per year.

Telefonica Brasil's EPS (Basic) for the three months ended in Mar. 2026 was €0.13. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.63.


Telefonica Brasil  (FRA:TSPA) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items 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 (TTM).


Telefonica Brasil PE Ratio (TTM) Related Terms


Telefonica Brasil PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Telefonica Brasil's PE Ratio (TTM) 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.

Telefonica Brasil PE Ratio (TTM) Chart

Telefonica Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.99 15.72 17.58 13.84 17.33

Telefonica Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.22 17.18 18.16 17.33 20.76

FRA:TSPA vs TMUS, VZ, T: PE Ratio (TTM) Comparison

For the Telecom Services subindustry, Telefonica Brasil's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.


Telefonica Brasil PE Ratio (TTM) vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telefonica Brasil's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Telefonica Brasil's PE Ratio (TTM) falls into.


FRA:TSPA
80GF Score
Telefonica Brasil SA FRA:TSPA
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telefonica Brasil PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Telefonica Brasil's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=11.60/0.631
=18.38

Telefonica Brasil's Share Price of today is €11.60.
Telefonica Brasil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.63.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 18.38 mean?
Telefonica Brasil (FRA:TSPA) has a PE Ratio (TTM) of 18.38 as of Jul. 08, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Telefonica Brasil and its competitors. This is 29% above median its historical median of 14.24. Over the past decade, Telefonica Brasil's PE Ratio (TTM) has ranged from 4.75 to 22.42. According to the industry distribution chart, Telefonica Brasil ranks #132 out of 255 companies in the Telecommunication Services industry, placing it in the top 51.8%.
Is Telefonica Brasil's PE Ratio (TTM) too high?
Telefonica Brasil's current PE Ratio (TTM) of 18.38 is 29% above median its 10-year median of 14.24. Over the past 10 years, this metric has ranged from a low of 4.75 to a high of 22.42. The Telecommunication Services industry median PE Ratio (TTM) is 16.63. Telefonica Brasil's value of 18.38 is 10.5% above this industry median. Based on the distribution chart, Telefonica Brasil ranks #132 out of 255 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telefonica Brasil has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Telefonica Brasil's PE Ratio (TTM) compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telefonica Brasil ranks #132 out of 255 companies for PE Ratio (TTM). This places Telefonica Brasil in the lower half of its industry. The industry median PE Ratio (TTM) is 16.63. Telefonica Brasil's value of 18.38 is 10.5% above this benchmark. Historically, Telefonica Brasil's own PE Ratio (TTM) has ranged from 4.75 to 22.42 over the past decade. While the company's 10-year median is 14.24 vs. the industry median of 16.63, Telefonica Brasil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PE Ratio (TTM) for a Telecommunication Services company?
The median PE Ratio (TTM) among Telecommunication Services companies is 16.63, based on 255 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telefonica Brasil's current PE Ratio (TTM) of 18.38 is 10.5% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Telefonica Brasil and its competitors. For the Telecommunication Services industry, the median PE Ratio (TTM) is 16.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telefonica Brasil's current PE Ratio (TTM) is 18.38, which is 29% above median its own 10-year median of 14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telefonica Brasil stock overvalued right now?
Telefonica Brasil (FRA:TSPA) has a current PE Ratio (TTM) of 18.38. The stock's GF Value™ is €10.65, compared to a current price of €11.60 — trading 8.9% above its estimated fair value. The current PE Ratio (TTM) is 18.38, which is 29% above median its 10-year median of 14.24 and 10.5% above the Telecommunication Services industry median of 16.63. Telefonica Brasil's overall GF Score™ is 80/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Telefonica Brasil (FRA:TSPA), the current PE Ratio (TTM) is 18.38 as of Jul. 08, 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 Telefonica Brasil (FRA:TSPA) Overvalued in 2026?

Based on GuruFocus' analysis, Telefonica Brasil stock appears to be overvalued. The current stock price of €11.60 is trading 8.9% above its estimated GF Value™ of €10.65.

Key valuation signals for FRA:TSPA:

  • PE Ratio (TTM): 18.38 (29% above median its 10-year median of 14.24)
  • GF Value™: €10.65 vs. price of €11.60 (8.9% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 10.5% above the Telecommunication Services median (#132 of 255)

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


Telefonica Brasil Business Description

Address Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936
Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 103 million customers, which is equal to about 38% market share. The firm is strongest in the postpaid business, where it has 72 million customers, or about 40% share of this market. Wireless services and equipment contribute about 70% of total revenue. Vivo is the incumbent fixed-line telephone operator in Sao Paulo state and also owns an extensive fiber network across the country. The firm provides internet access to 8 million households on this network. The firm also sells pay-TV and phone services to its fixed-line customers. Finally, corporate data and IT services, including cloud computing support, contribute about 10% of total revenue.
80GF Score

Get the complete analysis for FRA:TSPA

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

€11.60
Price
€10.65
GF Value