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/S ratio for Millicom International Cellular S.A. (TIGO)
P/S ratio as of 2023: 0.54
According to Millicom International Cellular S.A.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.54. At the end of 2022 the company had a P/S ratio of 0.31.
P/S ratio history for Millicom International Cellular S.A. from 1993 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.54 |
| 2022 | 0.31 |
| 2021 | 1.01 |
| 2020 | 1.20 |
| 2019 | 1.43 |
| 2018 | 1.90 |
| 2017 | 1.90 |
| 2016 | 1.07 |
| 2015 | 0.91 |
| 2014 | 1.24 |
| 2013 | 2.03 |
| 2012 | 1.85 |
| 2011 | 2.29 |
| 2010 | 3.03 |
| 2009 | 3.53 |
| 2008 | 3.47 |
| 2007 | 4.22 |
| 2006 | 6.26 |
| 2005 | 10.40 |
| 2004 | 9.93 |
| 2003 | 11.07 |
| 2002 | 8.55 |
| 2001 | 11.11 |
| 2000 | 12.51 |
| 1999 | 12.88 |
| 1998 | 15.94 |
| 1997 | 20.34 |
| 1996 | 32.32 |
| 1995 | 52.84 |
| 1994 | 81.26 |
| 1993 | 101.34 |