VEON

VEON EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of VEON (VEON) as of Nov 3, 2026 is 2.44. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 2.11 — a change of 15.89% (higher).

EV/EBIT

2.44

YoY

15.89%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of VEON is 2025 2.44 . EV/EBIT (Enterprise Value to EBIT) of VEON was 2024 2.11 . It decreases by 15.89% higher compared to the previous year.

The VEON EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
1.52 USD
Jan 1, 2020
3.45 USD
Jan 1, 2021
2.73 USD
Jan 1, 2022
1.79 USD
Jan 1, 2023
2.93 USD
Jan 1, 2024
2.11 USD
Jan 1, 2025
2.44 USD
Jan 1, 2026 (e)
3.79 USD
The VEON EV/EBIT history
YEAREV/EBITYoY
est3.79+55.07%
2.44+15.89%
2.11-28.13%
2.93+64.09%
1.79-34.53%
2.73-20.94%
3.45+126.61%
1.52-70.29%
5.13+181.41%
1.82-16.87%
2.19-59.57%
5.43+257.44%
1.52-70.64%
5.17+139.35%
2.16-31.86%
3.17-24.16%
4.18+0.97%
4.14+160.38%
1.59-85.03%
10.62+66.98%
6.36—

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VEON Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides VEON's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates VEON's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots VEON's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if VEON grows earnings faster than its peers.

VEON Stock analysis

What does VEON do? VEON Ltd. generates revenue through mobile and fixed-line telecommunications services provided under the Beeline, Kyivstar, banglalink, Jazz, and Djezzy brands. The company serves corporate and consumer segments with contract and prepaid mobile plans, value-added services, and fixed-line offerings including voice, data, Internet, PSTN-fixed, IP telephony, and data transmission. Equipment and accessories sales also contribute to revenue. VEON operates in Russia, Italy, Algeria, Pakistan, Uzbekistan, Kazakhstan, Ukraine, Bangladesh, Tajikistan, Kyrgyzstan, Armenia, and Georgia, targeting both individual and business customers across these markets. The company's primary revenue streams come from mobile services for consumers and businesses, including prepaid and contract plans, alongside fixed-line services such as broadband internet and corporate network solutions. Value-added services and equipment sales further enhance revenue, with the Beeline, Kyivstar, banglalink, Jazz, and Djezzy brands serving as key identifiers for these offerings. VEON's service portfolio is tailored to meet the needs of diverse customer segments in its operational regions. Corporate clients purchase network access, international voice termination, IPLC, and TCP/IP transit services, while consumers opt for mobile and fixed-line plans under the company's brands. The combination of mobile, fixed-line, and value-added services across multiple markets ensures steady revenue from both B2B and B2C segments. VEON's portfolio of brands and services is designed to cover a wide range of telecommunications needs in its 12 countries of operation. VEON is one of the most popular companies on Eulerpool.

Frequently Asked Questions about VEON stock

EV/EBIT (Enterprise Value to EBIT) of VEON is 2.44 in 2025.

EV/EBIT (Enterprise Value to EBIT) of VEON changed from 2.11 to 2.44, representing a 15.89% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) VEON since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s VEON with sector peers and the industry average to assess whether it is attractive.

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Valuation — VEON

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