Price to Sales (P/S)
since 2005
Calculation
AT&T Inc., P/S, long-term trends, calculation
| P/S | = | Share price1, 2, 3 | ÷ | Sales per share1 | Sales per share1 | = | Operating revenues1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 23, 2024 | 0.98 | = | 16.80 | ÷ | 17.12 | 17.12 | = | 122,428 | ÷ | 7,152,792,253 | |
| Feb 13, 2023 | 1.14 | = | 19.26 | ÷ | 16.93 | 16.93 | = | 120,741 | ÷ | 7,129,870,323 | |
| Feb 16, 2022 | 1.01 | = | 23.94 | ÷ | 23.64 | 23.64 | = | 168,864 | ÷ | 7,142,892,741 | |
| Feb 25, 2021 | 1.19 | = | 28.63 | ÷ | 24.08 | 24.08 | = | 171,760 | ÷ | 7,131,763,496 | |
| Feb 20, 2020 | 1.53 | = | 38.61 | ÷ | 25.26 | 25.26 | = | 181,193 | ÷ | 7,172,884,070 | |
| Feb 20, 2019 | 1.32 | = | 30.85 | ÷ | 23.44 | 23.44 | = | 170,756 | ÷ | 7,284,589,883 | |
| Feb 20, 2018 | 1.41 | = | 36.77 | ÷ | 26.14 | 26.14 | = | 160,546 | ÷ | 6,141,532,706 | |
| Feb 17, 2017 | 1.56 | = | 41.48 | ÷ | 26.67 | 26.67 | = | 163,786 | ÷ | 6,141,570,142 | |
| Feb 18, 2016 | 1.55 | = | 36.99 | ÷ | 23.87 | 23.87 | = | 146,801 | ÷ | 6,151,208,898 | |
| Feb 20, 2015 | 1.34 | = | 34.08 | ÷ | 25.52 | 25.52 | = | 132,447 | ÷ | 5,190,167,853 | |
| Feb 21, 2014 | 1.33 | = | 32.80 | ÷ | 24.73 | 24.73 | = | 128,752 | ÷ | 5,206,849,490 | |
| Feb 22, 2013 | 1.54 | = | 35.68 | ÷ | 23.21 | 23.21 | = | 127,434 | ÷ | 5,491,609,489 | |
| Feb 24, 2012 | 1.42 | = | 30.34 | ÷ | 21.37 | 21.37 | = | 126,723 | ÷ | 5,928,751,656 | |
| Mar 1, 2011 | 1.34 | = | 28.08 | ÷ | 21.02 | 21.02 | = | 124,280 | ÷ | 5,911,433,420 | |
| Feb 25, 2010 | 1.19 | = | 24.77 | ÷ | 20.84 | 20.84 | = | 123,018 | ÷ | 5,902,074,438 | |
| Feb 25, 2009 | 1.13 | = | 23.71 | ÷ | 21.05 | 21.05 | = | 124,028 | ÷ | 5,893,307,211 | |
| Feb 27, 2008 | 1.79 | = | 35.20 | ÷ | 19.70 | 19.70 | = | 118,928 | ÷ | 6,035,725,446 | |
| Feb 26, 2007 | 3.71 | = | 37.50 | ÷ | 10.10 | 10.10 | = | 63,055 | ÷ | 6,244,142,361 | |
| Mar 1, 2006 | 2.48 | = | 28.09 | ÷ | 11.31 | 11.31 | = | 43,862 | ÷ | 3,879,759,768 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of AT&T Inc. Annual Report.
Comparison to Competitors
AT&T Inc., P/S, long-term trends, comparison to competitors
| AT&T Inc. | T-Mobile US Inc. | Verizon Communications Inc. | |
|---|---|---|---|
| Feb 23, 2024 | 0.98 | 2.44 | 1.25 |
| Feb 13, 2023 | 1.14 | 2.26 | 1.23 |
| Feb 16, 2022 | 1.01 | 1.94 | 1.68 |
| Feb 25, 2021 | 1.19 | 2.17 | 1.82 |
| Feb 20, 2020 | 1.53 | 1.58 | 1.83 |
| Feb 20, 2019 | 1.32 | 1.34 | 1.74 |
| Feb 20, 2018 | 1.41 | 1.24 | 1.56 |
| Feb 17, 2017 | 1.56 | 1.37 | 1.60 |
| Feb 18, 2016 | 1.55 | 0.94 | 1.57 |
| Feb 20, 2015 | 1.34 | 0.87 | 1.59 |
| Feb 21, 2014 | 1.33 | 1.00 | 1.63 |
| Feb 22, 2013 | 1.54 | — | 1.14 |
| Feb 24, 2012 | 1.42 | — | 0.98 |
| Mar 1, 2011 | 1.34 | — | 0.98 |
| Feb 25, 2010 | 1.19 | — | 0.76 |
| Feb 25, 2009 | 1.13 | — | 0.83 |
| Feb 27, 2008 | 1.79 | — | 1.14 |
| Feb 26, 2007 | 3.71 | — | 1.22 |
| Mar 1, 2006 | 2.48 | — | 1.34 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Sector (Telecommunication Services)
AT&T Inc., P/S, long-term trends, comparison to sector (telecommunication services)
| AT&T Inc. | Telecommunication Services | |
|---|---|---|
| Feb 23, 2024 | 0.98 | 1.43 |
| Feb 13, 2023 | 1.14 | 1.44 |
| Feb 16, 2022 | 1.01 | 1.44 |
| Feb 25, 2021 | 1.19 | 1.59 |
| Feb 20, 2020 | 1.53 | 1.64 |
| Feb 20, 2019 | 1.32 | 1.48 |
| Feb 20, 2018 | 1.41 | 1.45 |
| Feb 17, 2017 | 1.56 | 1.55 |
| Feb 18, 2016 | 1.55 | 1.49 |
| Feb 20, 2015 | 1.34 | 1.40 |
| Feb 21, 2014 | 1.33 | 1.43 |
| Feb 22, 2013 | 1.54 | 1.35 |
| Feb 24, 2012 | 1.42 | 1.21 |
| Mar 1, 2011 | 1.34 | 1.17 |
| Feb 25, 2010 | 1.19 | 0.99 |
| Feb 25, 2009 | 1.13 | 1.00 |
| Feb 27, 2008 | 1.79 | 1.50 |
| Feb 26, 2007 | 3.71 | 2.26 |
| Mar 1, 2006 | 2.48 | 1.76 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
Comparison to Industry (Communication Services)
AT&T Inc., P/S, long-term trends, comparison to industry (communication services)
| AT&T Inc. | Communication Services | |
|---|---|---|
| Feb 23, 2024 | 0.98 | 3.97 |
| Feb 13, 2023 | 1.14 | 2.91 |
| Feb 16, 2022 | 1.01 | 3.94 |
| Feb 25, 2021 | 1.19 | 4.19 |
| Feb 20, 2020 | 1.53 | 3.54 |
| Feb 20, 2019 | 1.32 | 3.20 |
| Feb 20, 2018 | 1.41 | 3.59 |
| Feb 17, 2017 | 1.56 | 3.11 |
| Feb 18, 2016 | 1.55 | 3.03 |
| Feb 20, 2015 | 1.34 | 2.68 |
| Feb 21, 2014 | 1.33 | 2.72 |
| Feb 22, 2013 | 1.54 | 2.08 |
| Feb 24, 2012 | 1.42 | 1.65 |
| Mar 1, 2011 | 1.34 | 1.84 |
| Feb 25, 2010 | 1.19 | 1.54 |
| Feb 25, 2009 | 1.13 | 1.29 |
| Feb 27, 2008 | 1.79 | 2.05 |
| Feb 26, 2007 | 3.71 | 2.85 |
| Mar 1, 2006 | 2.48 | 2.32 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).