Latest close: security removed from listing or deregisteredSep 8, 2026what changed →

Is the price fair?

What T's price assumes

AT&T trades at 8.48× earnings against 20.0× for the median Communication Services name, cheaper than its own group.

8.48

Trailing P/E · Communication Services median 20.0 · cheaper than the typical name in its group

Price / sales
1.59

Price / sales · as of 2026-Q1

Free cash flow yield
10%

Free cash flow yield · Communication Services median 6.3%

Growth the price implies
−3.7%

Growth the price implies · The price pays for −3.7% free cash flow growth a year for a decade; the business has delivered −1.2% a year over the last three.

Details
Communication Services median P/E102 names
20.0
Free cash flow, trailing twelve months
$17.6B
Market capitalisation
$174.9B
3-year revenue growth
+1.6%
3-year free cash flow growth
−1.2%
What the market has paid for these earnings: 19 quarters of its own multiple × $3.02 of trailing earnings per share
MethodPer share
Its own P/E history, lower quartile$21.39
Its own P/E history, median$26.14
Its own P/E history, upper quartile$37.13
52-week range$21.14 – $28.80
Today$25.62

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.