Millicom International Cellular (Millicom International Cellular) Price-to-Tangible-Book : (As of Apr. 27, 2024)

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What is Millicom International Cellular Price-to-Tangible-Book?

As of today (2024-04-27), Millicom International Cellular's share price is $20.15. Millicom International Cellular's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-24.78. Hence, Millicom International Cellular's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Millicom International Cellular's Price-to-Tangible-Book or its related term are showing as below:

During the past 13 years, Millicom International Cellular's highest Price to Tangible Book Ratio was 32.75. The lowest was 2.35. And the median was 3.26.

TIGO's Price-to-Tangible-Book is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 2.575
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Millicom International Cellular's share price is $20.15. Millicom International Cellular's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.55. Hence, Millicom International Cellular's P/B Ratio of today is 0.98.

Millicom International Cellular Price-to-Tangible-Book Historical Data

The historical data trend for Millicom International Cellular's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Millicom International Cellular Price-to-Tangible-Book Chart

Millicom International Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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Millicom International Cellular Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Competitive Comparison of Millicom International Cellular's Price-to-Tangible-Book

For the Telecom Services subindustry, Millicom International Cellular's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Millicom International Cellular's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Millicom International Cellular's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Millicom International Cellular's Price-to-Tangible-Book falls into.

Millicom International Cellular Price-to-Tangible-Book Calculation

Millicom International Cellular's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	20.15	/	-24.784
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Millicom International Cellular Price-to-Tangible-Book Related Terms

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Millicom International Cellular (Millicom International Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Millicom International Cellular SA (NAS:TIGO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

TIGO SDB:Sweden TIGOs:UK 0GRK:UK M4M1:Germany M4M1:Germany M4M:Germany

Address

2, Rue du Fort Bourbon, Luxembourg, LUX, L-1249

Website

https://www.millicom.com

Millicom offers wireless and fixed-line telecom services primarily in smaller, less congested markets or in less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), Costa Rica (100%) and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach nearly 13 million homes while its wireless networks cover about 120 million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2023.