Millicom International Cellular S.A. provides cable and mobile services in Latin America and Africa. The company offers mobile services, including mobile data and voice; short message service; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. It also provides cable and other fixed services, including broadband, content, fixed voice, and pay-TV to residential consumers; and fixed, managed services, cloud and security solutions, and value-added services to small, medium, and large businesses, as well as governmental entities. As of December 31, 2021, the company served 44.9 million mobile customers; and 12.7 million cable homes. It markets its products and services under Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.
P/B ratio for Millicom International Cellular S.A. (TIGO)
P/B ratio as of 2023: 0.87
According to Millicom International Cellular S.A.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.87. At the end of 2022 the company had a P/B ratio of 0.49.
P/B ratio history for Millicom International Cellular S.A. from 1993 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.87 |
| 2022 | 0.49 |
| 2021 | 1.80 |
| 2020 | 2.43 |
| 2019 | 2.58 |
| 2018 | 3.05 |
| 2017 | 2.54 |
| 2016 | 1.48 |
| 2015 | 1.76 |
| 2014 | 3.38 |
| 2013 | 5.44 |
| 2012 | 4.39 |
| 2011 | 4.61 |
| 2010 | 3.81 |
| 2009 | 5.00 |
| 2008 | 7.05 |
| 2007 | 8.61 |
| 2006 | 19.53 |
| 2005 | 37.66 |
| 2004 | 38.28 |
| 2003 | -84.12 |
| 2002 | -16.83 |
| 2001 | 103.91 |
| 2000 | 20.93 |
| 1999 | 19.34 |
| 1998 | 24.82 |
| 1997 | 62.68 |
| 1996 | 46.83 |
| 1995 | 41.45 |
| 1994 | 52.50 |
| 1993 | 67.31 |