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/E ratio for Millicom International Cellular S.A. (TIGO)
P/E ratio as of 2023: -37.62
According to Millicom International Cellular S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -37.62. At the end of 2022 the company had a P/E ratio of 109.76.
P/E ratio history for Millicom International Cellular S.A. from 1993 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | -37.62 |
| 2022 | 109.76 |
| 2021 | 7.90 |
| 2020 | -13.40 |
| 2019 | 63.40 |
| 2018 | -776.08 |
| 2017 | 92.46 |
| 2016 | -146.62 |
| 2015 | -10.94 |
| 2014 | 3.00 |
| 2013 | 45.82 |
| 2012 | 17.50 |
| 2011 | 11.22 |
| 2010 | 7.19 |
| 2009 | 14.00 |
| 2008 | 40.62 |
| 2007 | 15.91 |
| 2006 | 58.38 |
| 2005 | 1122.71 |
| 2004 | 134.10 |
| 2003 | 40.07 |
| 2002 | -18.60 |
| 2001 | -51.86 |
| 2000 | 20.09 |
| 1999 | -272.74 |
| 1998 | 131.76 |
| 1997 | -63.64 |
| 1996 | -384.96 |
| 1995 | -232.20 |
| 1994 | 636.03 |
| 1993 | 189.98 |