MillicomTIGO.OValuation Analysis
Based on the blended 10-year P/E and P/B percentiles, the stock currently sits in the “Richly Valued” zone.
As of Oct 16, 2026, Millicom (TIGO.O) trades at a P/E of 21.10x, P/B of 5.70x, P/S of 1.94x, and a dividend yield of 5.12%.
Longitudinal percentile comparison: P/E sits at the 64th percentile over the trailing 10Y window (vs. 56th percentile over 3Y); P/B sits at the 98th percentile over the trailing 10Y window (vs. 94th percentile over 3Y); P/S sits at the 92nd percentile over the trailing 10Y window (vs. 80th percentile over 3Y).
Cross-sectional valuation: its P/E ranks at the 63rd percentile within its industry and the 55th percentile across the broader market.
Shareholder return highlight: Total Shareholder Yield is 5.12%, ranking at the 77th percentile over the trailing 20Y window.
The P/E and P/B percentiles diverge here, differing by 33.3 points — relying on either metric alone could be misleading. Relative to the broader market, its P/E shows a deeper discount than it does against industry peers. Shareholder returns here are driven almost entirely by cash dividends, with minimal contribution from buybacks. Millicom operates in the Transportation, Communications, Electric, Gas, And Sanitary Services sector. Data refreshes weekly and is for reference only, not investment advice.
Also listed as: NASDAQ: TIGO · TIGO
Want the full picture on whether Millicom (TIGO.O) is under- or over-valued? See the full 3Y / 5Y / 10Y / 20Y P/E, P/B, P/S, Dividend Yield & Total Shareholder Yield percentile matrix and the interactive ECharts trend chart on this page.
Historical Percentiles by Metric
| Metric | Current | Market Percentile | Industry Percentile | 3Y Pctl | 5Y Pctl | 10Y Pctl | 20Y Pctl |
|---|---|---|---|---|---|---|---|
| P/E (TTM) | 21.10 | ||||||
| P/B (MRQ) | 5.70 | ||||||
| P/S (TTM) | 1.94 | ||||||
| Dividend Yield | 5.12% | ||||||
| Buyback + Div Yield | 5.12% |