Airtel Africa (AAF.L)

P/B ratio as of February 2026 : 5.43

According to Airtel Africa's latest financial reports the company has a price-to-book ratio of 3.06968.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Airtel Africa - P/B ratio (from 2019 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	5.52	177.46%
2024-12-31	1.99	-16.46%
2023-12-31	2.38	70.1%
2022-12-31	1.40	-27.63%
2021-12-31	1.94	64.59%
2020-12-31	1.18	1.04%
2019-12-31	1.16

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Airtel Africa (AAF.L) - P/B ratio