Millicom International Cellular SA
TIGO Communication Services Telecom Services
Millicom International Cellular SA’s revenue for fiscal 2025 (year ended December 2025) was $5.8 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue grew 59.4%, EPS fell 84.0%, free cash flow grew 66.1% and total debt rose 47.9%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
Follow TIGO
Millicom International Cellular SA (TIGO) P/E ratio
As of 9 October 2026, Millicom International Cellular SA (TIGO) trades at a P/E ratio of 20.1×. Over the past ten years it has ranged from 0.0× (March 2024) to 638× (June 2024); the current reading is higher than 70% of that period. That is above the Telecom Services industry median of 12.9× and above the Communication Services sector median of 16.7×.
P/E ratio, daily
Embed this chart
Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 7.0× | (58.31%) |
| FY2024 | 16.9× | — |
| FY2023 | 0.0× | — |
| FY2022 | 8.6× | 77.75% |
| FY2021 | 4.8× | — |
| FY2020 | 0.0× | — |
| FY2019 | 32.2× | — |
| FY2018 | 0.0× | — |
| FY2017 | 62.4× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 22.8× | 124.57% |
| Mar 2026 | 10.2× | 44.15% |
| Dec 2025 | 7.0× | (5.09%) |
| Sep 2025 | 7.4× | 12.31% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| GSAT Globalstar, Inc. compare | n/m |
| TELFY Telefonica SA compare | n/m |
| CHTR Charter Communications, Inc. compare | 2.7× |
| TLK PT Telekomunikasi Indonesia, Tbk compare | 9.4× |
| KT KT Corporation compare | 9.8× |
| TIMB TIM S.A. Sponsored ADR compare | 10.6× |
| TIGO Millicom International Cellular SA | 20.1× |
| VIV Telefonica Brasil S.A. compare | 24.3× |
| SKM SK Telecom Co., Ltd. compare | 27.3× |
| Telecom Services industry median | 12.9× |
| Communication Services sector median | 16.7× |
| Market median | 17.9× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)