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
Market Cap & Net Worth: Telefonaktiebolaget LM Ericsson Class B (ERIXF)
Telefonaktiebolaget LM Ericsson Class B (PINK:ERIXF) has a market capitalization of $22.82 Billion ($22.82 Billion) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #906 globally and #706 in its home market, demonstrating a 0.00% increase 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 $7.43 by its total outstanding shares 3071593476 (3.07 Billion).
Telefonaktiebolaget LM Ericsson Class B Market Cap History: 2015 to 2025
Telefonaktiebolaget LM Ericsson Class B's market capitalization history from 2015 to 2025. Data shows change from $24.54 Billion to $22.82 Billion (-1.35% 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
0.10x
Telefonaktiebolaget LM Ericsson Class B's market cap is 0.10 times its annual revenue
0.63x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.80x
Telefonaktiebolaget LM Ericsson Class B's market cap is 0.80 times its annual earnings
3.53x
Lower than industry averageWhat 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 | $14.89 Billion | $222.61 Billion | $1.72 Billion | 0.07x | 8.68x |
| 2017 | $16.61 Billion | $201.30 Billion | -$35.21 Billion | 0.08x | N/A |
| 2018 | $22.52 Billion | $210.84 Billion | -$6.53 Billion | 0.11x | N/A |
| 2019 | $23.04 Billion | $227.22 Billion | $2.22 Billion | 0.10x | 10.37x |
| 2020 | $30.85 Billion | $232.39 Billion | $17.48 Billion | 0.13x | 1.76x |
| 2021 | $34.25 Billion | $232.31 Billion | $22.69 Billion | 0.15x | 1.51x |
| 2022 | $17.92 Billion | $271.55 Billion | $18.72 Billion | 0.07x | 0.96x |
| 2023 | $19.46 Billion | $263.35 Billion | -$26.45 Billion | 0.07x | N/A |
| 2024 | $24.57 Billion | $247.88 Billion | $20.00 Million | 0.10x | 1228.64x |
| 2025 | $22.82 Billion | $236.09 Billion | $28.36 Billion | 0.10x | 0.80x |
Competitor Companies of ERIXF by Market Capitalization
Companies near Telefonaktiebolaget LM Ericsson Class B in the global market cap rankings as of March 18, 2026.
Key companies related to Telefonaktiebolaget LM Ericsson Class B by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #43 globally with a market cap of $309.49 Billion USD.
- Motorola Solutions Inc (NYSE:MSI): Ranked #355 globally with a market cap of $61.87 Billion USD.
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #377 globally with a market cap of $58.48 Billion USD ( CN¥429.08 Billion CNY).
- Ciena Corp (NYSE:CIEN): Ranked #480 globally with a market cap of $45.06 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #43 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $79.27 |
| #355 | Motorola Solutions Inc | NYSE:MSI | $61.87 Billion | $469.09 |
| #377 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $58.48 Billion | CN¥543.00 |
| #480 | Ciena Corp | NYSE:CIEN | $45.06 Billion | $370.05 |
Telefonaktiebolaget LM Ericsson Class B Historical Marketcap From 2015 to 2025
Between 2015 and today, Telefonaktiebolaget LM Ericsson Class B's market cap moved from $24.54 Billion to $ 22.82 Billion, with a yearly change of -1.35%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $22.82 Billion | -7.12% |
| 2024 | $24.57 Billion | +26.28% |
| 2023 | $19.46 Billion | +8.57% |
| 2022 | $17.92 Billion | -47.67% |
| 2021 | $34.25 Billion | +11.01% |
| 2020 | $30.85 Billion | +33.89% |
| 2019 | $23.04 Billion | +2.32% |
| 2018 | $22.52 Billion | +35.62% |
| 2017 | $16.61 Billion | +11.53% |
| 2016 | $14.89 Billion | -39.32% |
| 2015 | $24.54 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Telefonaktiebolaget LM Ericsson Class B was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $22.82 Billion USD |
| MoneyControl | $22.82 Billion USD |
| MarketWatch | $22.82 Billion USD |
| marketcap.company | $22.82 Billion USD |
| Reuters | $22.82 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.