According to Millicom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 91.6364. At the end of 2022 the company had a P/E ratio of 8.59.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.59 | 39.65% |
2021 | 6.15 | -142.35% |
2020 | -14.5 | -134.76% |
2019 | 41.8 | -104.89% |
2018 | -854 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Spok Holdings
SPOK | 8.41 | -90.83% | ๐บ๐ธ USA |
Shentel SHEN | < -1000 | -1,646.33% | ๐บ๐ธ USA |
SK Telecom SKM | 10.1 | -88.93% | ๐ฐ๐ท S. Korea |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.