Millicom (TIGO) - P/B ratio

P/B ratio as of December 2024 : 1.14

According to Millicom's latest financial reports the company has a price-to-book ratio of 0.726932.
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.

Millicom - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	1.14	26.87%
2023-12-31	0.8977	51.14%
2022-12-31	0.5939	-42.91%
2021-12-31	1.04	-39.73%
2020-12-31	1.73	-5.69%
2019-12-31	1.83	-21.07%
2018-12-31	2.32	12.25%
2017-12-31	2.07	63.73%
2016-12-31	1.26	-18.63%
2015-12-31	1.55	-22.75%
2014-12-31	2.01	-57.9%
2013-12-31	4.77	30.68%
2012-12-31	3.65
2011-12-31	N/A
2010-12-31	N/A
2009-12-31	N/A
2008-12-31	N/A
2007-12-31	N/A
2006-12-31	N/A
2005-12-31	N/A
2004-12-31	N/A
2003-12-31	N/A
2002-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
SK Telecom SKM	0.9264	-18.82%	🇰🇷 S. Korea
Spok Holdings SPOK	2.16	89.36%	🇺🇸 USA
Shentel SHEN	0.7249	-36.48%	🇺🇸 USA

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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