AT&T Inc. (T) 股票估值 — PE 分析

Telecommunications Services · NYSE

目前價格

$24.55

PE Ratio (TTM)

8.1x

內在價值

$30.91

安全邊際 +20.6%

AI 護城河與風險分析T

競爭護城河

投資風險

基準情形

T 基準情形 PE 估值

T 的基準情形 PE 估值估算每股公允價值約為 $30.91,目前股價為 $24.55。該模型假設盈餘年成長率 3.4%、目標 P/E 倍數 7.89x、折現率 10%。

內在價值

$30.91

安全邊際

+20.6%

預期年化報酬

+4.7%

基準情形假設:盈餘年成長率 3.4%、目標 P/E 倍數 7.89x、折現率 10%、預測 5 年。資料截至 2026-10-07。

本基準情形採用預設假設,不構成投資建議。當目標 PE 或盈餘成長率變化時,公允價值會顯著改變。開啟計算器可設定你自己的假設,並查看完整的敏感度區間。

自訂 T PE 估值

調整目標 PE、盈餘成長與折現率,查看 AT&T Inc. 的公允價值與安全邊際如何變化。

開啟 T PE 計算器

或試試 T DCF 估值 →

公司簡介

Globally, AT&T Inc. delivers an array of telecommunication, media, and technology offerings. Within its Communications division, the company supplies wireless voice and data communication services. It also markets mobile devices, such as smartphones, wireless data access cards, and portable computing gadgets, alongside accessories like protective cases and hands-free equipment. These products are distributed through AT&T's proprietary outlets, authorized agents, and external retail partners. Furthermore, this segment caters to a broad clientele including multinational corporations, small-to-medium-sized enterprises, government entities, and wholesale clients. For these customers, it delivers an extensive suite of services encompassing data, voice connectivity, cybersecurity, cloud-based solutions, outsourcing, and both managed and professional services, in addition to client-side equipment. Residential consumers also benefit from this division's provision of high-speed fiber optic internet and traditional landline telephone services. Its communication-related offerings and merchandise are promoted under well-known brand names such as AT&T, Cricket, AT&T PREPAID, and AT&T Fiber. The Latin America segment is responsible for delivering wireless communication services within Mexico, as well as video entertainment services across the wider Latin American region. These services and products are branded as AT&T and Unefon. Established in 1983 and headquartered in Dallas, Texas, the corporation was previously known as SBC Communications Inc. and officially adopted the name AT&T Inc. in 2005.

財務指標 — T PE 估值資料

PE Ratio (TTM)

8.1x

PEG Ratio

0.11

獲利收益率

12.68%

ROE (TTM)

19.5%

Revenue/Share (TTM)

$18.34

股息收益率

4.54%

Debt/Equity

1.47x

常見問題

T 的本益比是多少?

T 的過去 12 個月本益比反映投資者為 AT&T Inc. 每一美元收益所支付的價格。該指標在與Telecommunications Services同類公司和公司自身歷史區間對比時最有意義。

基於本益比,T 被高估了嗎?

T 的本益比 8.1x 結合 PEG 比率 0.11 提供了成長調整後的視角。PEG 低於 1.0 表明 本益比相對於獲利成長率偏低。注意 PE 估值最適合獲利穩定的成熟公司——對於高成長或週期性Telecommunications Services,DCF 分析可能更合適。

如何使用本益比對 T 進行估值?

對 AT&T Inc. 使用 PE 估值的步驟:(1) 將目前本益比 (8.1x)與Telecommunications Services中位數對比評估相對定價,(2) 查看 PEG 比率 (0.11)以調整成長預期,(3) 參考 5 年 PE 歷史區間判斷目前位置,(4) 用目標 PE 乘以前瞻 EPS 估算公允價值。這種相對估值方法與 DCF 的絕對估值互為補充。

T 的 PEG 比率是多少?

T 的 PEG 比率為 0.11,由本益比(8.1x)除以預期獲利成長率計算。PEG 低於 1.0 意味著本益比相對於預期獲利成長率偏低。注意 PEG 的準確性取決於成長預期的可靠性。

對 T 應該使用 PE 還是 DCF 估值?

PE 本益比給出快速的相對定價——T 相對於Telecommunications Services同類的估值水準。DCF 基於預期自由現金流提供絕對價值。對於 T,ROE 達到 19.5%,兩種方法都值得使用——PE 做市場對比,DCF 驗證基本面是否支撐目前價格。兩種方法各有盲區:PE 忽略了資本結構和現金流品質,DCF 則對成長率和折現率假設非常敏感。

了解更多

本益比與 DCF 使用不同的方法和假設為 T 估值,因此兩者的結論可能不同。可對比 DCF 內在價值。

價格截至 2026-10-07。 財務數據來自 Financial Modeling Prep(過去 12 個月)· 估值方法論由 Charlie Wang 提供。

這是估計值,不構成投資建議。

T 股票估值 — 免費 PE 本益比分析