Friday 6 November 2026 Export VEON’s income statement to Excel — free account

VEON Ltd.

VEON Communication Services Telecom Services

VEON Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $4.4 billion, up 9.87% from fiscal 2024.

Revenue: +16.9%
EPS: −79.6%
Free cash flow: +431.6%
Total debt: +19.1%

Quarter to June 2026, against a year earlier

Insider buying

74.70 4.31 −5.46%

Follow VEON

Alert me

Market cap: $4.8B
P/E: 90.0×
Fwd P/E: 12.5×
Dividend yield: —
F-score: 8/9
Altman Z: 0.79
Beneish M: −2.57
Dividend safety: n/a

Overview

VEON Ltd. (VEON) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, VEON Ltd. (VEON) trades at a P/S ratio of 1.1×. Over the past ten years it has ranged from 0.0× (June 2017) to 1.3× (October 2026); the current reading is higher than 99% of that period. That is above the Telecom Services industry median of 0.9× and above the Communication Services sector median of 0.9×.

Embed this chart

Code for your page

<iframe src="https://stockrow.com/embed/VEON/ps-ratio" width="100%" height="360" style="border:0" loading="lazy" title="VEON Ltd. P/S ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/VEON/metrics/ps-ratio">VEON Ltd. (VEON) P/S ratio — stockrow.com</a></p>

Period	P/S ratio	Change
FY2025	0.8×	17.70%
FY2024	0.7×	92.12%
FY2023	0.4×	51.77%
FY2022	0.2×	(68.76%)
FY2021	0.8×	114.96%
FY2020	0.4×	(27.46%)
FY2019	0.5×	10.86%
FY2018	0.5×	(37.44%)
FY2017	0.7×	(7.41%)
FY2016	0.8×	30.27%

Period	P/S ratio	Change
Jun 2026	0.8×	8.53%
Mar 2026	0.7×	(15.59%)
Dec 2025	0.8×	(1.07%)
Sep 2025	0.8×	9.06%
42 more quarters	Free account

Against its own ten years

Low 0.0× High 1.3×

Ten-year median 0.5×

Current reading's percentile 99

Company	P/S ratio
LUMN Lumen Technologies, Inc. compare	0.3×
TKC Turkcell Iletisim Hizmetleri AS compare	0.6×
LBTYK Liberty Global Ltd compare	0.7×
LBTYA Liberty Global Ltd compare	0.7×
LBTYB Liberty Global Ltd compare	0.8×
PHI PLDT Inc. compare	1.1×
VEON VEON Ltd.	1.1×
TDS Telephone and Data Systems, Inc. compare	3.0×
IRDM Iridium Communications Inc compare	5.0×
Telecom Services industry median	0.9×
Communication Services sector median	0.9×
Market median	1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

VEON Ltd. (VEON) P/S ratio

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on VEON

P/S ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/S ratio against peers

What P/S ratio is

More on VEON

Stockrow Weekly