Stock Analysis on Net

T-Mobile US Inc. (NASDAQ:TMUS)

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).


Historical Valuation Ratios (Summary)

T-Mobile US Inc., historical price multiples (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Price to earnings (P/E) 24.72 22.49 21.96 23.09 20.96 26.78 47.13 69.44 113.98 104.43 56.69 51.43 43.15 46.07 52.59 48.36 47.49 49.89 30.48 20.45
Price to operating profit (P/OP) 15.17 13.54 12.92 13.46 12.05 14.67 22.12 27.49 36.01 34.75 24.23 22.56 19.18 21.16 22.14 22.33 23.63 26.42 18.50 12.40
Price to sales (P/S) 3.20 2.69 2.45 2.44 2.08 2.09 2.27 2.26 2.18 2.24 1.98 1.94 1.82 2.27 2.08 2.17 2.43 2.59 2.38 1.58
Price to book value (P/BV) 3.99 3.40 3.10 2.97 2.52 2.50 2.69 2.58 2.49 2.56 2.27 2.25 2.11 2.67 2.41 2.27 2.26 2.12 3.69 2.46 2.54 2.67 2.37

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. T-Mobile US Inc. P/E ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. T-Mobile US Inc. P/OP ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. T-Mobile US Inc. P/S ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. T-Mobile US Inc. P/BV ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Earnings (P/E)

T-Mobile US Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 1,160,486,648 1,166,784,033 1,171,854,259 1,186,867,575 1,156,475,060 1,176,457,229 1,199,892,465 1,219,383,110 1,244,154,134 1,254,041,236 1,253,584,833 1,249,289,954 1,249,053,529 1,247,966,318 1,246,857,781 1,242,804,085 1,241,186,776 1,237,808,926 1,235,763,488 856,932,845 855,574,798 854,457,048 854,303,011
Selected Financial Data (US$)
Net income (loss) (in millions) 3,059 2,925 2,374 2,014 2,142 2,221 1,940 1,477 508 (108) 713 422 691 978 933 750 1,253 110 951 751 870 939 908
Earnings per share (EPS)2 8.94 8.10 7.47 7.01 6.73 5.22 3.18 2.12 1.23 1.37 2.24 2.42 2.68 3.14 2.44 2.47 2.47 2.17 2.84 4.05 0.00 0.00 0.00
Share price1, 3 220.95 182.28 163.96 161.78 140.99 139.88 149.94 147.49 140.63 143.06 126.80 124.48 115.80 144.50 128.48 119.22 117.26 108.10 86.59 82.77 82.39 84.25 72.71
Valuation Ratio
P/E ratio4 24.72 22.49 21.96 23.09 20.96 26.78 47.13 69.44 113.98 104.43 56.69 51.43 43.15 46.07 52.59 48.36 47.49 49.89 30.48 20.45
Benchmarks
P/E Ratio, Competitors5
AT&T Inc. 17.98 10.99 8.99 8.47 6.53 6.60 8.08 8.60 187.60 17.89 17.88 14.26 19.92
Verizon Communications Inc. 17.78 14.95 14.60 14.38 6.94 6.80 7.55 7.91 7.93 9.20 9.51 10.14 9.97 11.54 12.34 13.13 12.97 12.42 13.01 12.49

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
EPS = (Net income (loss)Q3 2024 + Net income (loss)Q2 2024 + Net income (loss)Q1 2024 + Net income (loss)Q4 2023) ÷ No. shares of common stock outstanding
= (3,059,000,000 + 2,925,000,000 + 2,374,000,000 + 2,014,000,000) ÷ 1,160,486,648 = 8.94

3 Closing price as at the filing date of T-Mobile US Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/E ratio = Share price ÷ EPS
= 220.95 ÷ 8.94 = 24.72

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. T-Mobile US Inc. P/E ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Operating Profit (P/OP)

T-Mobile US Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 1,160,486,648 1,166,784,033 1,171,854,259 1,186,867,575 1,156,475,060 1,176,457,229 1,199,892,465 1,219,383,110 1,244,154,134 1,254,041,236 1,253,584,833 1,249,289,954 1,249,053,529 1,247,966,318 1,246,857,781 1,242,804,085 1,241,186,776 1,237,808,926 1,235,763,488 856,932,845 855,574,798 854,457,048 854,303,011
Selected Financial Data (US$)
Operating income (in millions) 4,796 4,630 3,998 3,480 3,596 3,793 3,397 2,747 1,281 709 1,806 1,063 1,584 2,106 2,139 1,712 2,565 820 1,539 1,234 1,471 1,541 1,476
Operating profit per share2 14.57 13.46 12.69 12.02 11.70 9.54 6.78 5.37 3.91 4.12 5.23 5.52 6.04 6.83 5.80 5.34 4.96 4.09 4.68 6.68 0.00 0.00 0.00
Share price1, 3 220.95 182.28 163.96 161.78 140.99 139.88 149.94 147.49 140.63 143.06 126.80 124.48 115.80 144.50 128.48 119.22 117.26 108.10 86.59 82.77 82.39 84.25 72.71
Valuation Ratio
P/OP ratio4 15.17 13.54 12.92 13.46 12.05 14.67 22.12 27.49 36.01 34.75 24.23 22.56 19.18 21.16 22.14 22.33 23.63 26.42 18.50 12.40
Benchmarks
P/OP Ratio, Competitors5
AT&T Inc. 8.38 6.07 5.17 5.12 5.94 5.68 6.52 7.32 24.28 31.58 35.17 31.88 8.72 8.77 7.27 9.91
Verizon Communications Inc. 7.97 7.18 7.24 7.30 4.91 4.78 5.39 5.52 4.96 6.00 6.27 6.90 6.86 7.49 7.78 8.12 8.40 8.27 8.18 7.92

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Operating profit per share = (Operating incomeQ3 2024 + Operating incomeQ2 2024 + Operating incomeQ1 2024 + Operating incomeQ4 2023) ÷ No. shares of common stock outstanding
= (4,796,000,000 + 4,630,000,000 + 3,998,000,000 + 3,480,000,000) ÷ 1,160,486,648 = 14.57

3 Closing price as at the filing date of T-Mobile US Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 220.95 ÷ 14.57 = 15.17

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. T-Mobile US Inc. P/OP ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Sales (P/S)

T-Mobile US Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 1,160,486,648 1,166,784,033 1,171,854,259 1,186,867,575 1,156,475,060 1,176,457,229 1,199,892,465 1,219,383,110 1,244,154,134 1,254,041,236 1,253,584,833 1,249,289,954 1,249,053,529 1,247,966,318 1,246,857,781 1,242,804,085 1,241,186,776 1,237,808,926 1,235,763,488 856,932,845 855,574,798 854,457,048 854,303,011
Selected Financial Data (US$)
Revenues (in millions) 20,162 19,772 19,594 20,478 19,252 19,196 19,632 20,273 19,477 19,701 20,120 20,785 19,624 19,950 19,759 20,341 19,272 17,671 11,113 11,878 11,061 10,979 11,080
Sales per share2 68.94 67.79 67.00 66.19 67.75 66.79 65.91 65.26 64.37 63.98 64.20 64.13 63.79 63.56 61.79 55.03 48.29 41.79 36.44 52.51 0.00 0.00 0.00
Share price1, 3 220.95 182.28 163.96 161.78 140.99 139.88 149.94 147.49 140.63 143.06 126.80 124.48 115.80 144.50 128.48 119.22 117.26 108.10 86.59 82.77 82.39 84.25 72.71
Valuation Ratio
P/S ratio4 3.20 2.69 2.45 2.44 2.08 2.09 2.27 2.26 2.18 2.24 1.98 1.94 1.82 2.27 2.08 2.17 2.43 2.59 2.38 1.58
Benchmarks
P/S Ratio, Competitors5
AT&T Inc. 1.30 1.13 0.99 0.98 0.90 0.85 1.03 1.14 0.99 0.93 0.89 1.01 1.02 1.13 1.34 1.19 1.13 1.21 1.15 1.53
Verizon Communications Inc. 1.30 1.25 1.23 1.25 1.08 1.06 1.20 1.23 1.13 1.42 1.52 1.68 1.64 1.74 1.80 1.82 1.85 1.83 1.82 1.83

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
Sales per share = (RevenuesQ3 2024 + RevenuesQ2 2024 + RevenuesQ1 2024 + RevenuesQ4 2023) ÷ No. shares of common stock outstanding
= (20,162,000,000 + 19,772,000,000 + 19,594,000,000 + 20,478,000,000) ÷ 1,160,486,648 = 68.94

3 Closing price as at the filing date of T-Mobile US Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 220.95 ÷ 68.94 = 3.20

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. T-Mobile US Inc. P/S ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.

Price to Book Value (P/BV)

T-Mobile US Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 1,160,486,648 1,166,784,033 1,171,854,259 1,186,867,575 1,156,475,060 1,176,457,229 1,199,892,465 1,219,383,110 1,244,154,134 1,254,041,236 1,253,584,833 1,249,289,954 1,249,053,529 1,247,966,318 1,246,857,781 1,242,804,085 1,241,186,776 1,237,808,926 1,235,763,488 856,932,845 855,574,798 854,457,048 854,303,011
Selected Financial Data (US$)
Stockholders’ equity (in millions) 64,250 62,636 62,074 64,715 64,698 65,750 66,925 69,656 70,150 70,034 69,976 69,102 68,427 67,470 66,377 65,344 64,487 62,996 28,977 28,789 27,771 26,967 26,181
Book value per share (BVPS)2 55.36 53.68 52.97 54.53 55.94 55.89 55.78 57.12 56.38 55.85 55.82 55.31 54.78 54.06 53.24 52.58 51.96 50.89 23.45 33.60 32.46 31.56 30.65
Share price1, 3 220.95 182.28 163.96 161.78 140.99 139.88 149.94 147.49 140.63 143.06 126.80 124.48 115.80 144.50 128.48 119.22 117.26 108.10 86.59 82.77 82.39 84.25 72.71
Valuation Ratio
P/BV ratio4 3.99 3.40 3.10 2.97 2.52 2.50 2.69 2.58 2.49 2.56 2.27 2.25 2.11 2.67 2.41 2.27 2.26 2.12 3.69 2.46 2.54 2.67 2.37
Benchmarks
P/BV Ratio, Competitors5
AT&T Inc. 1.55 1.31 1.15 1.16 1.06 1.02 1.26 1.41 1.06 1.11 0.82 1.03 1.08 1.23 1.40 1.26 1.12 1.21 1.15 1.50 1.56 1.33 1.21
Verizon Communications Inc. 1.81 1.75 1.75 1.81 1.48 1.50 1.76 1.84 1.75 2.22 2.43 2.74 2.85 3.13 3.27 3.45 3.65 3.79 3.97 3.92 4.27 4.08 4.19

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q3 2024 Calculation
BVPS = Stockholders’ equity ÷ No. shares of common stock outstanding
= 64,250,000,000 ÷ 1,160,486,648 = 55.36

3 Closing price as at the filing date of T-Mobile US Inc. Quarterly or Annual Report.

4 Q3 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 220.95 ÷ 55.36 = 3.99

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. T-Mobile US Inc. P/BV ratio increased from Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.