Start with its own history
At 70.96×, MICCF is 34.6% below its 7-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
OTC · MICCFTelecommunications ServicesUpdated Nov 4, 2026
Millicom International Cellular S.A. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
70.96×
34.6% belowthe 7-observation annual average
Share price18.45
÷Earnings per share0.26
Price and EPS in quote currency. Calculation details
Investors are paying 70.96 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 108.43×
3-year average11.98×2 positive annual observations
5-year average15.67×4 positive annual observations
10-year average108.43×7 positive annual observations
Peer median · TTM27.61×6 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 7.05× | -58.3% |
| Dec 31, 2024 | 16.90× | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | 30.81× | +290.2% |
| Dec 31, 2021 | 7.90× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 82.86× | -80.7% |
| Dec 31, 2018 | 430.14× | +134.6% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 183.38× | N/M |
| Dec 31, 2016 | N/M | N/M |
| Dec 31, 2015 | N/M | N/M |
| Dec 31, 2014 | 3.64× | -93.4% |
| Dec 31, 2013 | 54.79× | +152.3% |
| Dec 31, 2012 | 21.72× | +44.0% |
| Dec 31, 2011 | 15.08× | +85.8% |
| Dec 31, 2010 | 8.12× | -55.2% |
| Dec 31, 2009 | 18.14× | +52.2% |
| Dec 31, 2008 | 11.92× | -65.5% |
| Dec 31, 2007 | 34.53× | +6.9% |
| Dec 31, 2006 | 32.31× | -90.5% |
| Dec 31, 2005 | 341.91× | +832.9% |
| Dec 31, 2004 | 36.65× | +350.3% |
| Dec 31, 2003 | 8.14× | N/M |
| Dec 31, 2002 | N/M | N/M |
| Dec 31, 2001 | N/M | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How MICCF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 MICCF This stockMillicom International Cellular S.A. | 70.96× |
 GTMEYGlobe Telecom, Inc. | 12.61× |
 TACYYTotal Access Communication Public Company Limited | 39.58× |
 TLGHYTelenet Group Holding N.V. | 2.32× |
 TFAOFO2 Czech Republic a.s. | N/M |
 HKUOFHakuhodo DY Holdings Inc | 32.64× |
 JSFCFSistema Public Joint Stock Financial Corporation | N/M |
 PTTWFOrange Polska S.A. | 22.58× |
 CHRUFChorus Limited | 96.13× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does MICCF’s P/E tell you?
Compare like with like
The median of the 6 positive peer ratios above is 27.61×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take MICCF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("MICCF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 18.45 ÷ EPS 0.26 = 70.96×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 4, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
MICCF P/E ratio: common questions
The essentials behind the numbers.
Millicom International Cellular S.A.'s current P/E is 70.96× based on the quote data last updated Nov 4, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.