Telefonaktiebolaget LM Ericsson Class B (HE:ERIBR) — Market Cap & Net Worth
Market Cap & Net Worth: Telefonaktiebolaget LM Ericsson Class B (ERIBR)
Telefonaktiebolaget LM Ericsson Class B (HE:ERIBR) has a market capitalization of $35.04 Billion (€29.97 Billion) as of April 18, 2026. Listed on the HE stock exchange, this Finland-based company holds position #742 globally and #2 in its home market, demonstrating a -4.66% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Telefonaktiebolaget LM Ericsson Class B's stock price €9.76 by its total outstanding shares 3071593476 (3.07 Billion).
Telefonaktiebolaget LM Ericsson Class B Market Cap History: 2015 to 2026
Telefonaktiebolaget LM Ericsson Class B's market capitalization history from 2015 to 2026. Data shows growth from $24.26 Billion to $35.04 Billion (4.07% CAGR).
Telefonaktiebolaget LM Ericsson Class B Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Telefonaktiebolaget LM Ericsson Class B's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.13x
Telefonaktiebolaget LM Ericsson Class B's market cap is 0.13 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.06x
Telefonaktiebolaget LM Ericsson Class B's market cap is 1.06 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $16.34 Billion | $222.61 Billion | $1.72 Billion | 0.07x | 9.52x |
| 2017 | $15.70 Billion | $201.30 Billion | -$35.21 Billion | 0.08x | N/A |
| 2018 | $21.95 Billion | $210.84 Billion | -$6.53 Billion | 0.10x | N/A |
| 2019 | $24.27 Billion | $227.22 Billion | $2.22 Billion | 0.11x | 10.92x |
| 2020 | $30.48 Billion | $232.39 Billion | $17.48 Billion | 0.13x | 1.74x |
| 2021 | $30.30 Billion | $232.31 Billion | $22.69 Billion | 0.13x | 1.34x |
| 2022 | $18.00 Billion | $271.55 Billion | $18.72 Billion | 0.07x | 0.96x |
| 2023 | $19.58 Billion | $263.35 Billion | -$26.45 Billion | 0.07x | N/A |
| 2024 | $28.19 Billion | $247.88 Billion | $20.00 Million | 0.11x | 1409.47x |
| 2025 | $30.08 Billion | $235.94 Billion | $28.34 Billion | 0.13x | 1.06x |
Competitor Companies of ERIBR by Market Capitalization
Companies near Telefonaktiebolaget LM Ericsson Class B in the global market cap rankings as of April 18, 2026.
Key companies related to Telefonaktiebolaget LM Ericsson Class B by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #49 globally with a market cap of $309.49 Billion USD.
- Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #107 globally with a market cap of $177.05 Billion USD ( CN¥1.21 Trillion CNY).
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #144 globally with a market cap of $138.37 Billion USD ( CN¥945.56 Billion CNY).
- Eoptolink Technology Inc Ltd (SHE:300502): Ranked #266 globally with a market cap of $85.67 Billion USD ( CN¥585.47 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #49 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $86.25 |
| #107 | Foxconn Industrial Internet Co Ltd | SHG:601138 | $177.05 Billion | CN¥60.97 |
| #144 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $138.37 Billion | CN¥851.00 |
| #266 | Eoptolink Technology Inc Ltd | SHE:300502 | $85.67 Billion | CN¥589.00 |
Telefonaktiebolaget LM Ericsson Class B Historical Marketcap From 2015 to 2026
Between 2015 and today, Telefonaktiebolaget LM Ericsson Class B's market cap moved from $24.26 Billion to $ 35.04 Billion, with a yearly change of 4.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €35.04 Billion | +16.50% |
| 2025 | €30.08 Billion | +6.70% |
| 2024 | €28.19 Billion | +43.99% |
| 2023 | €19.58 Billion | +8.74% |
| 2022 | €18.00 Billion | -40.58% |
| 2021 | €30.30 Billion | -0.58% |
| 2020 | €30.48 Billion | +25.57% |
| 2019 | €24.27 Billion | +10.60% |
| 2018 | €21.95 Billion | +39.77% |
| 2017 | €15.70 Billion | -3.91% |
| 2016 | €16.34 Billion | -32.65% |
| 2015 | €24.26 Billion | -- |
End of Day Market Cap According to Different Sources
On Apr 18th, 2026 the market cap of Telefonaktiebolaget LM Ericsson Class B was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $35.04 Billion USD |
| MoneyControl | $35.04 Billion USD |
| MarketWatch | $35.04 Billion USD |
| marketcap.company | $35.04 Billion USD |
| Reuters | $35.04 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Telefonaktiebolaget LM Ericsson Class B
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware and software solutions, and related service offerings. This segment also provides radio… Read more