Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services to customers in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers. The company also provides messaging, value added, enterprise, and infrastructure sharing services, as well as support services; and sells handsets. In addition, it is involved in the investment activities. The company was incorporated in 2018 and is based in London, the United Kingdom. Airtel Africa Plc is a subsidiary of Airtel Africa Mauritius Limited.
P/B ratio for Airtel Africa Plc (AAF.L)
P/B ratio as of 2023: 2.28
According to Airtel Africa Plc's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.28. At the end of 2022 the company had a P/B ratio of 1.36.
P/B ratio history for Airtel Africa Plc from 2016 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.28 |
| 2022 | 1.36 |
| 2021 | 1.96 |
| 2020 | 1.21 |
| 2019 | 0.54 |
| 2018 | 1.27 |
| 2017 | -3.29 |
| 2016 | -4.16 |