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IHSIHS Holding Limited
$8.42$2.8B
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IHS logoIHS Holding Limited (IHS) P/E Ratio History

Undervalued

Trading at 20.0x vs 5Y avg 47.8x · 67th percentile · Below historical baseline · Data 2022–2026

Current P/E (TTM)
20.0x
-58% vs 5Y avg
5Y Avg P/E
47.8x
Median 18.2x
5Y Percentile
67th
Mid-range
PEG Ratio
N/A
5-Year P/E Range
20.0x
Min5.0xMedian18.2xMax208.7x
TTM EPS$0.48
Price$8.42
Earnings Yield4.99%
EPS Growth (1Y)108.6%
EPS Growth (5Y)N/A

Loading P/E history...

P/E Ratio Analysis

As of September 24, 2026, IHS Holding Limited (IHS) trades at a price-to-earnings ratio of 20.0x, with a stock price of $8.42 and trailing twelve-month earnings per share of $0.48.

The current P/E is 58% below its 5-year average of 47.8x. Over the past five years, IHS's P/E has ranged from a low of 5.0x to a high of 208.7x, placing the current valuation at the 67th percentile of its historical range.

Compared to the Communication Services sector median P/E of 14.9x, IHS trades at a 34% premium to its sector peers. The sector includes 106 companies with P/E ratios ranging from 0.1x to 183.6x.

Relative to the broader market, IHS trades at a notable discount to the S&P 500 median P/E of 25.3x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our IHS DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

IHS Cross-Benchmark Valuation

How does the current P/E compare to sector peers and the broader market?

vs. Communication Services
20.0vs14.9
+34%
Above Sector
vs. S&P 500
20.0vs25.3
-21%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 109% EPS growth (1Y)

IHS P/E vs Peers

Towers and Shared Telecom Infrastructure peers sorted by market cap

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
AMT logoAMTAmerican Tower Corporation
$80B31.74.34+12%
CCI logoCCICrown Castle Inc.
$31B68.9-+111%
SBAC logoSBACSBA Communications Corporation
$18B17.40.15Best+41%
UNIT logoUNITUniti Group Inc.
$2B1.9Lowest-+661%Best
NOK logoNOKNokia Oyj
$62B84.9--52%
ERIC logoERICTelefonaktiebolaget LM Ericsson (publ)
$32B12.11.07-

Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.

IHS Historical P/E Data (2022–2026)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterPeriod EndPriceTTM EPSP/E Ratiovs Avg
FY2026 Q2-$8.24$0.3722.0x-54%
FY2026 Q1-$8.23$0.5315.5x-68%
FY2025 Q4Dec 31 2025$7.46$0.4118.2x-62%
FY2025 Q3-$6.82$1.375.0x-90%
FY2025 Q2Jun 30 2025$5.56$0.3217.4x-64%
FY2022 Q1-$11.08$0.05208.7x+337%

Average P/E for displayed period: 47.8x

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IHS — Frequently Asked Questions

Quick answers to the most common questions about buying IHS stock.

What is IHS's P/E ratio?

IHS Holding Limited (IHS) trailing twelve-month P/E ratio is 20.0x, based on TTM diluted EPS of $0.48. The 5-year average P/E is 47.8x and the historical range spans 5.0x to 208.7x.

Is IHS stock overvalued or undervalued?

IHS trades at 20.0x P/E, below its 5-year average of 47.8x. At the 67th percentile of its historical range (5.0x–208.7x), the stock is priced at a discount to its own history.

Is IHS stock expensive?

No, IHS is not expensive on a historical basis. The current P/E of 20.0x is below the 5-year average of 47.8x and sits at the 67th percentile of its valuation range.

What is IHS's historical P/E range?

Over the past 5 years, IHS's P/E ratio has ranged from 5.0x to 208.7x, with a median of 18.2x and an average of 47.8x. The current P/E of 20.0x places the stock at the 67th percentile of this range. Full historical data spans 2022–2026.

How does IHS's P/E compare to the S&P 500?

IHS trades at 20.0x P/E versus the S&P 500 median of 25.3x. The 21% discount to the market suggests lower growth expectations or perceived higher risk.

How does IHS's valuation compare to Communication Services peers?

IHS Holding Limited P/E of 20.0x compares to the Communication Services sector median of 14.9x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.

What is IHS's PEG ratio?

IHS PEG ratio is N/A, based on a P/E of 20.0x and EPS growth of 108.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.

What is IHS's earnings yield?

IHS earnings yield is 4.99%, the inverse of its 20.0x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.

IHS P/E Ratio History (2022–2026)

Quarterly valuation multiple from closing price and trailing EPS

Current22.0x
Period Avg47.8x
Range5.0x - 208.7x
Change-89%
6 quartersMar 31, 2022 - Jun 30, 2026