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Airtel AfricaAARTY 65 Shiller PE Ratio is 71.50 as of Sep. 14, 2026, which is 4% above its 10-year median of 68.84. GuruFocus rates AARTY with a GF Score™ of 65/100 and a GF Value™ of $16.62 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 221 Telecommunication Services companies, Airtel Africa ranks worse than 89.14% on this metric.
As of today (2026-09-14), Airtel Africa's current share price is $49.3375. Airtel Africa's E10 for the fiscal year that ended in Mar26 was $0.69. Airtel Africa's Shiller PE Ratio for today is 71.50.
The historical rank and industry rank for Airtel Africa's Shiller PE Ratio or its related term are showing as below:
AARTY'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 63.97 Med: 68.84 Max: 76.92
Current: 63.97
During the past 10 years, Airtel Africa's highest Shiller PE Ratio was 76.92. The lowest was 63.97. And the median was 68.84.
AARTY's Shiller PE Ratio is ranked worse than 89.14% of 221
companies
in the Telecommunication Services industry
Industry Median: 17.42
vs AARTY: 63.97
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Airtel Africa's adjusted earnings per share data of for the fiscal year that ended in Mar26 was $1.860. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.69 for the trailing ten years ended in Mar26.
Shiller PE for Stocks: The True Measure of Stock Valuation
Airtel Africa (OTCPK:AARTY) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Airtel Africa Shiller PE Ratio Related Terms
Airtel Africa Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for Airtel Africa's Shiller PE 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.
For the Telecom Services subindustry, Airtel Africa's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Airtel Africa's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Airtel Africa's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Airtel Africa's Shiller PE Ratio for today is calculated as
* 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's E10 for the fiscal year that ended in Mar26 is calculated as:
For example, Airtel Africa's adjusted earnings per share data for the fiscal year that ended in Mar26 was:
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Airtel Africa (AARTY) has a Shiller PE Ratio of 71.50 as of Sep. 14, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Airtel Africa and its competitors. This is near median its historical median of 68.84. Over the past decade, Airtel Africa's Shiller PE Ratio has ranged from 63.97 to 76.92. According to the industry distribution chart, Airtel Africa ranks #197 out of 221 companies in the Telecommunication Services industry, placing it in the top 89.1%.
Is Airtel Africa's Shiller PE Ratio too high?
Airtel Africa's current Shiller PE Ratio of 71.50 is near median its 10-year median of 68.84. Over the past 10 years, this metric has ranged from a low of 63.97 to a high of 76.92. The Telecommunication Services industry median Shiller PE Ratio is 17.42. Airtel Africa's value of 71.50 is 310.4% above this industry median. Based on the distribution chart, Airtel Africa ranks #197 out of 221 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Airtel Africa has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airtel Africa's Shiller PE Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Airtel Africa ranks #197 out of 221 companies for Shiller PE Ratio. This places Airtel Africa in the lower half of its industry. The industry median Shiller PE Ratio is 17.42. Airtel Africa's value of 71.50 is 310.4% above this benchmark. Historically, Airtel Africa's own Shiller PE Ratio has ranged from 63.97 to 76.92 over the past decade. While the company's 10-year median is 68.84 vs. the industry median of 17.42, 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 Shiller PE Ratio for a Telecommunication Services company?
The median Shiller PE Ratio among Telecommunication Services companies is 17.42, based on 221 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airtel Africa's current Shiller PE Ratio of 71.50 is 310.4% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Airtel Africa and its competitors. For the Telecommunication Services industry, the median Shiller PE Ratio is 17.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airtel Africa's current Shiller PE Ratio is 71.50, which is near median its own 10-year median of 68.84. 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?
Based on GuruFocus' analysis, Airtel Africa (AARTY) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.62, compared to a current price of $49.34 — trading 196.9% above its estimated fair value. The current Shiller PE Ratio is 71.50, which is near median its 10-year median of 68.84 and 310.4% above the Telecommunication Services industry median of 17.42. Airtel Africa's overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Airtel Africa (AARTY), the current Shiller PE Ratio is 71.50 as of Sep. 14, 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.
Is Airtel Africa (AARTY) Overvalued in 2026?
Based on GuruFocus' analysis, Airtel Africa stock appears to be overvalued.
The current stock price of $49.34 is trading 196.9% above its estimated GF Value™ of $16.62.
GuruFocus considers Airtel Africa to be Significantly Overvalued.
Key valuation signals for AARTY:
Shiller PE Ratio: 71.50 (near median its 10-year median of 68.84)
GF Value™: $16.62 vs. price of $49.34 (196.9% above fair value)
Industry Position: 310.4% above the Telecommunication Services median (#197 of 221)
No single metric tells the full story. See the AARTY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
65GF Score
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