T-Mobile US, Inc. (TMUS) P/E Ratio History
Historical price-to-earnings valuation from 2007 to 2026
Loading P/E history...
TMUS Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, T-Mobile US, Inc. (TMUS) trades at a price-to-earnings ratio of 20.0x, with a stock price of $194.35 and trailing twelve-month earnings per share of $9.57.
The current P/E is 50% below its 5-year average of 40.1x. Over the past five years, TMUS's P/E has ranged from a low of 20.9x to a high of 110.0x, placing the current valuation at the 0th percentile of its historical range.
Compared to the Communication Services sector median P/E of 15.0x, TMUS trades at a 34% premium to its sector peers. The sector includes 108 companies with P/E ratios ranging from 0.1x to 171.4x.
The PEG ratio of 0.67 (P/E divided by 1% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, TMUS trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TMUS DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
TMUS P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $200B | 11.7 | - | -2% | |
| $181B | 8.5 | - | +104%Best | |
| $20B | 4.4Lowest | 0.23Best | +4% | |
| $96B | 4.9 | 0.26 | +30% | |
| $197B | 37.2 | 17.90 | -44% | |
| $37B | 13.7 | 1.21 | - | |
| $77B | 104.0 | - | -52% | |
| $4.2T | 38.1 | 2.13 | +23% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TMUS Historical P/E Data (2007–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | $210.03 | $9.40 | 22.3x | -46% | |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $203.04 | $9.71 | 20.9x | -50% |
| FY2025 Q3 | $239.38 | $10.39 | 23.0x | -45% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $238.26 | $10.59 | 22.5x | -46% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $266.71 | $10.24 | 26.0x | -38% |
| FY2024 Q4 | $220.73 | $9.66 | 22.8x | -45% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $206.36 | $8.77 | 23.5x | -44% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $176.18 | $7.98 | 22.1x | -47% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $163.22 | $7.35 | 22.2x | -47% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $160.33 | $6.93 | 23.1x | -44% |
| FY2023 Q3 | Sat Sep 30 2023 00:00:00 GM | $140.05 | $6.44 | 21.7x | -48% |
| FY2023 Q2 | Fri Jun 30 2023 00:00:00 GM | $138.90 | $5.02 | 27.7x | -34% |
Average P/E for displayed period: 41.7x
Full TMUS Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
Should I Buy TMUS Right Now?
Bull case, key risks, Wall St analyst verdict, and what council investors are saying — updated daily.
See TMUS's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs TMUS Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare TMUS vs NFLX
Side-by-side business, growth, and profitability comparison vs Netflix, Inc..
Start ComparisonTMUS — Frequently Asked Questions
Quick answers to the most common questions about buying TMUS stock.
Is TMUS stock overvalued or undervalued?
TMUS trades at 20.0x P/E, below its 5-year average of 40.1x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.
How does TMUS's valuation compare to peers?
T-Mobile US, Inc. P/E of 20.0x compares to sector median of 15.0x. The premium reflects expected growth above peers.
What is TMUS's PEG ratio?
TMUS PEG ratio is 0.67. Below 1.0 indicates valuation is supported by earnings growth rate. Historical P/E data spans 2007-2026.