Telefonica SA

TELFY Communication Services Telecom Services

Telefonica SA’s revenue for fiscal 2025 (year ended December 2025) was $39.7 billion, down 11.1% from fiscal 2024.

Revenue
−5.45%
EPS
+100.0%
Free cash flow
−124.8%
Total debt
−6.89%

Quarter to June 2026, against a year earlier

3.71 0.09 −2.37%
Market cap
$21.5B
P/E
0.0×
Fwd P/E
10.8×
Dividend yield
9.15%
F-score
4/9
Altman Z
0.81
Beneish M
−3.16
Dividend safety
25/100

Telefonica SA (TELFY) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Telefonica SA (TELFY) trades at a P/B ratio of 1.0×. Over the past ten years it has ranged from 0.6× (July 2021) to 2.1× (August 2017); the current reading is higher than 27% of that period. That is below the Telecom Services industry median of 1.3× and below the Communication Services sector median of 1.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.1× 23.11%
FY2024 0.9× 20.24%
FY2023 0.8× 22.72%
FY2022 0.6× (56.77%)
FY2021 1.4× 36.16%
FY2020 1.1× (15.35%)
FY2019 1.3× (8.03%)
FY2018 1.4× (24.20%)
FY2017 1.8× 20.06%
FY2016 1.5× (16.81%)

Quarterly newest first

Period P/B ratio Change
Jun 2026 1.1× (12.92%)
Mar 2026 1.2× 7.71%
Dec 2025 1.1× (5.80%)
Sep 2025 1.2× (2.91%)
38 more quarters

Against its own ten years

Low 0.6× High 2.1×
Ten-year median 1.3×
Current reading's percentile 30

P/B ratio against peers

Company P/B ratio
VOD Vodafone Group PLC compare n/m
ORANY Orange compare n/m
CHTR Charter Communications, Inc. compare 0.7×
TELFY Telefonica SA 1.0×
SKM SK Telecom Co., Ltd. compare 1.0×
ECHO EchoStar Corporation compare 1.5×
VIV Telefonica Brasil S.A. compare 2.8×
CHT Chunghwa Telecom Co., Ltd. compare 3.1×
TIGO Millicom International Cellular SA compare 5.3×
Telecom Services industry median 1.3×
Communication Services sector median 1.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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