Telefonaktiebolaget LM Ericsson (publ) (ST:ERIC-B) — Market Cap & Net Worth

$35.81 Billion USD · Skr332.80 Billion SEK · Rank #740

Market Cap & Net Worth: Telefonaktiebolaget LM Ericsson (publ) (ERIC-B)

Telefonaktiebolaget LM Ericsson (publ) (ST:ERIC-B) has a market capitalization of $35.81 Billion (Skr332.80 Billion) as of May 4, 2026. Listed on the ST stock exchange, this Sweden-based company holds position #740 globally and #10 in its home market, demonstrating a 1.17% 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 Skr108.35 by its total outstanding shares 3071530678 (3.07 Billion). Analyse Telefonaktiebolaget LM Ericsson (publ) cash conversion from operations to see how efficiently the company converts income to cash.

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 $35.81 Billion (4.67% CAGR).

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	$7.08 Trillion	0.51%	#60 of 182
STOXX Europe Large 200 Net Return LCXR	$7.08 Trillion	0.51%	#60 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.

Latest Price to Sales (P/S) Ratio

0.12x

Telefonaktiebolaget LM Ericsson (publ)'s market cap is 0.12 times its annual revenue

Industry average: 1.32x Lower than industry average

Latest Price to Earnings (P/E) Ratio

1485.47x

Telefonaktiebolaget LM Ericsson (publ)'s market cap is 1485.47 times its annual earnings

Industry average: 8.72x Higher than industry average

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 May 4, 2026.

Key companies related to Telefonaktiebolaget LM Ericsson (publ) by market ranking:

Cisco Systems Inc (NASDAQ:CSCO): Ranked #47 globally with a market cap of $309.49 Billion USD.
Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #115 globally with a market cap of $182.59 Billion USD ( CN¥1.25 Trillion CNY).
Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #162 globally with a market cap of $139.42 Billion USD ( CN¥952.78 Billion CNY).
Eoptolink Technology Inc Ltd (SHE:300502): Ranked #345 globally with a market cap of $76.48 Billion USD ( CN¥522.64 Billion CNY).

Market capitalization comparison (in billions USD)

Rank	Company	Symbol	Market Cap	Price
#47	Cisco Systems Inc	NASDAQ:CSCO	$309.49 Billion	$91.85
#115	Foxconn Industrial Internet Co Ltd	SHG:601138	$182.59 Billion	CN¥62.88
#162	Shandong Zhongji Electrical Equipment Co Ltd	SHE:300308	$139.42 Billion	CN¥857.50
#345	Eoptolink Technology Inc Ltd	SHE:300502	$76.48 Billion	CN¥525.79

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 $ 35.81 Billion, with a yearly change of 4.67%.

Year	Market Cap	Change (%)
2026	Skr35.81 Billion	+19.59%
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 May 3rd, 2026 the market cap of Telefonaktiebolaget LM Ericsson (publ) was reported to be:

Source	Market Cap
Yahoo Finance	$35.81 Billion USD
MoneyControl	$35.81 Billion USD
MarketWatch	$35.81 Billion USD
marketcap.company	$35.81 Billion USD
Reuters	$35.81 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)

ST:ERIC-B Sweden Communication Equipment

Market Cap

$35.81 Billion

Skr332.80 Billion SEK

Market Cap Rank

#740 Global

#10 in Sweden

Share Price

Skr108.35

Change (1 day)

+1.74%

52-Week Range

Skr70.26 - Skr111.70

All Time High

Skr111.70