Telefonaktiebolaget LM Ericsson (publ) (ST:ERIC-B) — Market Cap & Net Worth
Market Cap & Net Worth: Telefonaktiebolaget LM Ericsson (publ) (ERIC-B)
Telefonaktiebolaget LM Ericsson (publ) (ST:ERIC-B) has a market capitalization of $32.71 Billion (Skr303.96 Billion) as of September 18, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #836 globally and #11 in its home market, demonstrating a 1.75% 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 (publ)'s stock price Skr98.96 by its total outstanding shares 3071530678 (3.07 Billion). Also see Telefonaktiebolaget LM Ericsson (publ) total assets for a full breakdown of the balance sheet.
Telefonaktiebolaget LM Ericsson (publ) Market Cap History: 2015 to 2026
Telefonaktiebolaget LM Ericsson (publ)'s market capitalization history from 2015 to 2026. Data shows growth from $21.13 Billion to $32.71 Billion (3.64% CAGR). Also see ERIC-B operating cash flow for how efficiently the company converts equity into cash flow.
Index Memberships
Telefonaktiebolaget LM Ericsson (publ) is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
STOXX Europe Large 200 EUR Price
LCXP
|
$7.27 Trillion | 0.45% | #62 of 182 |
|
STOXX Europe Large 200 Net Return
LCXR
|
$7.27 Trillion | 0.45% | #62 of 182 |
Weight: Telefonaktiebolaget LM Ericsson (publ)'s market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Telefonaktiebolaget LM Ericsson (publ) Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Telefonaktiebolaget LM Ericsson (publ)'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. Check ERIC-B live share price for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.12x
Telefonaktiebolaget LM Ericsson (publ)'s market cap is 0.12 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1485.47x
Telefonaktiebolaget LM Ericsson (publ)'s market cap is 1485.47 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 |
|---|---|---|---|---|---|
| 2015 | $21.13 Billion | $246.92 Billion | $13.55 Billion | 0.09x | 1.56x |
| 2016 | $14.37 Billion | $222.61 Billion | $1.72 Billion | 0.06x | 8.37x |
| 2017 | $14.72 Billion | $201.30 Billion | -$35.21 Billion | 0.07x | N/A |
| 2018 | $21.70 Billion | $210.84 Billion | -$6.53 Billion | 0.10x | N/A |
| 2019 | $22.98 Billion | $227.22 Billion | $2.22 Billion | 0.10x | 10.34x |
| 2020 | $27.99 Billion | $232.39 Billion | $17.48 Billion | 0.12x | 1.60x |
| 2021 | $29.15 Billion | $232.31 Billion | $22.69 Billion | 0.13x | 1.28x |
| 2022 | $18.39 Billion | $271.55 Billion | $18.72 Billion | 0.07x | 0.98x |
| 2023 | $20.02 Billion | $263.35 Billion | -$26.45 Billion | 0.08x | N/A |
| 2024 | $29.71 Billion | $247.88 Billion | $20.00 Million | 0.12x | 1485.47x |
Competitor Companies of ERIC-B by Market Capitalization
Companies near Telefonaktiebolaget LM Ericsson (publ) in the global market cap rankings as of September 18, 2026. Review ERIC-B goodwill-adjusted equity ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Telefonaktiebolaget LM Ericsson (publ) by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #57 globally with a market cap of $309.49 Billion USD.
- Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #121 globally with a market cap of $180.99 Billion USD ( CN¥1.24 Trillion CNY).
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #161 globally with a market cap of $148.15 Billion USD ( CN¥1.01 Trillion CNY).
- Eoptolink Technology Inc Ltd (SHE:300502): Ranked #307 globally with a market cap of $86.44 Billion USD ( CN¥590.73 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #57 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $107.74 |
| #121 | Foxconn Industrial Internet Co Ltd | SHG:601138 | $180.99 Billion | CN¥62.33 |
| #161 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $148.15 Billion | CN¥907.80 |
| #307 | Eoptolink Technology Inc Ltd | SHE:300502 | $86.44 Billion | CN¥423.69 |
Telefonaktiebolaget LM Ericsson (publ) Historical Marketcap From 2015 to 2026
Between 2015 and today, Telefonaktiebolaget LM Ericsson (publ)'s market cap moved from $21.13 Billion to $ 32.71 Billion, with a yearly change of 3.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Skr32.71 Billion | +9.23% |
| 2025 | Skr29.95 Billion | +0.80% |
| 2024 | Skr29.71 Billion | +48.40% |
| 2023 | Skr20.02 Billion | +8.85% |
| 2022 | Skr18.39 Billion | -36.90% |
| 2021 | Skr29.15 Billion | +4.14% |
| 2020 | Skr27.99 Billion | +21.76% |
| 2019 | Skr22.98 Billion | +5.91% |
| 2018 | Skr21.70 Billion | +47.43% |
| 2017 | Skr14.72 Billion | +2.42% |
| 2016 | Skr14.37 Billion | -31.97% |
| 2015 | Skr21.13 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Telefonaktiebolaget LM Ericsson (publ) was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $32.71 Billion USD |
| MoneyControl | $32.71 Billion USD |
| MarketWatch | $32.71 Billion USD |
| marketcap.company | $32.71 Billion USD |
| Reuters | $32.71 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 (publ)
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