AARTY (Airtel Africa) PS Ratio: 2.58 (As of Jun. 30, 2026) — 53% Above Median


AARTY Airtel Africa PLC AARTY
55 GF Score
Price $45.37
! 3 Warning Signs
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What is Airtel Africa PS Ratio?

Airtel Africa AARTY 55 PS Ratio is 2.58 as of Jun. 30, 2026, which is 53% above its 10-year median of 1.69. GuruFocus rates AARTY with a GF Score™ of 55/100. The stock has 3 warning signs investors should review. Among 366 Telecommunication Services companies, Airtel Africa ranks worse than 74.32% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Airtel Africa's share price is $45.366. Airtel Africa's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $17.59. Hence, Airtel Africa's PS Ratio for today is 2.58.

The historical rank and industry rank for Airtel Africa's PS Ratio or its related term are showing as below:

AARTY' s PS Ratio Range Over the Past 10 Years
Min: 0.45   Med: 1.69   Max: 3.59
Current: 2.41

During the past 10 years, Airtel Africa's highest PS Ratio was 3.59. The lowest was 0.45. And the median was 1.69.

AARTY's PS Ratio is ranked worse than
74.32% of 366 companies
in the Telecommunication Services industry
Industry Median: 1.365 vs AARTY: 2.41

Airtel Africa's Revenue per Sharefor the three months ended in Mar. 2026 was $4.76. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $17.59.

During the past 12 months, the average Revenue per Share Growth Rate of Airtel Africa was 27.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 4.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.80% per year.

During the past 10 years, Airtel Africa's highest 3-Year average Revenue per Share Growth Rate was 15.30% per year. The lowest was 2.80% per year. And the median was 10.60% per year.

Back to Basics: PS Ratio


Airtel Africa  (OTCPK:AARTY) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Airtel Africa PS Ratio Related Terms


Airtel Africa PS Ratio Historical Data

* Premium members only.

The historical data trend for Airtel Africa's PS Ratio 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.

Airtel Africa PS Ratio Chart

Airtel Africa Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 0.92 1.01 1.60 2.62

Airtel Africa Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.60 1.67 2.12 2.89 2.62

AARTY vs TMUS, VZ, T: PS Ratio Comparison

For the Telecom Services subindustry, Airtel Africa's PS Ratio, along with its competitors' market caps and PS Ratio 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.


Airtel Africa PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airtel Africa's PS Ratio distribution charts can be found below:

* The bar in red indicates where Airtel Africa's PS Ratio falls into.


AARTY
55GF Score
Airtel Africa PLC AARTY
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Airtel Africa PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Airtel Africa's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=45.366/17.585
=2.58

Airtel Africa's Share Price of today is $45.366.
Airtel Africa's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.59.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 2.58 mean?
Airtel Africa (AARTY) has a PS Ratio of 2.58 as of Jun. 30, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Airtel Africa and its competitors. This is 53% above median its historical median of 1.69. Over the past decade, Airtel Africa's PS Ratio has ranged from 0.45 to 3.59. According to the industry distribution chart, Airtel Africa ranks #272 out of 366 companies in the Telecommunication Services industry, placing it in the top 74.3%.
Is Airtel Africa's PS Ratio too high?
Airtel Africa's current PS Ratio of 2.58 is 53% above median its 10-year median of 1.69. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 3.59. The Telecommunication Services industry median PS Ratio is 1.37. Airtel Africa's value of 2.58 is 89% above this industry median. Based on the distribution chart, Airtel Africa ranks #272 out of 366 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Airtel Africa has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's PS Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #272 out of 366 companies for PS Ratio. This places Airtel Africa in the lower half of its industry. The industry median PS Ratio is 1.37. Airtel Africa's value of 2.58 is 89% above this benchmark. Historically, Airtel Africa's own PS Ratio has ranged from 0.45 to 3.59 over the past decade. While the company's 10-year median is 1.69 vs. the industry median of 1.37, Airtel Africa has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PS Ratio for a Telecommunication Services company?
The median PS Ratio among Telecommunication Services companies is 1.37, based on 366 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current PS Ratio of 2.58 is 89% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median PS Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current PS Ratio is 2.58, which is 53% above median its own 10-year median of 1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airtel Africa stock overvalued right now?
Airtel Africa (AARTY) has a current PS Ratio of 2.58. The current PS Ratio is 2.58, which is 53% above median its 10-year median of 1.69 and 89% above the Telecommunication Services industry median of 1.37. Airtel Africa's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Airtel Africa (AARTY), the current PS Ratio is 2.58 as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Airtel Africa Business Description

Address 15 Davies Street, London, GBR, W1K 3DE
Airtel Africa PLC is a telecoms and financial services provider transforming lives across the continent through increased digital and financial inclusion. The principal activities of the Group mainly consist of the provision of telecommunications and mobile money services. Its services include Voice, Data, Mobile money, Enterprise, and Data centers. The Group's operating segments are Nigeria mobile services, East Africa mobile services, Francophone Africa mobile services, and Mobile money. It generates maximum revenue from East Africa mobile services, comprising mobile service operations in Uganda, Kenya, Zambia, Tanzania, Malawi, and Rwanda.
55GF Score

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