VEON Ltd (NASDAQ:VEON) — Market Cap & Net Worth

$3.48 Billion USD  · Rank #4520

Market Cap & Net Worth: VEON Ltd (VEON)

VEON Ltd (NASDAQ:VEON) has a market capitalization of $3.48 Billion ($3.48 Billion) as of May 4, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #4520 globally and #1467 in its home market, demonstrating a -8.16% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying VEON Ltd's stock price $50.29 by its total outstanding shares 69153797 (69.15 Million). Analyse VEON Ltd (VEON) cash conversion ratio to see how efficiently the company converts income to cash.

VEON Ltd Market Cap History: 2015 to 2026

VEON Ltd's market capitalization history from 2015 to 2026. Data shows change from $4.08 Billion to $3.48 Billion (-3.72% CAGR).

Index Memberships

VEON Ltd is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$38.77 Trillion 0.01% #487 of 3165

Weight: VEON Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

VEON Ltd Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how VEON Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.69x

VEON Ltd's market cap is 0.69 times its annual revenue

Industry average: 0.50x Higher than industry average

Latest Price to Earnings (P/E) Ratio

6.68x

VEON Ltd's market cap is 6.68 times its annual earnings

Industry average: 24.04x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2015 $4.08 Billion $9.61 Billion -$655.00 Million 0.42x N/A
2016 $4.82 Billion $8.88 Billion $2.33 Billion 0.54x 2.07x
2017 $5.09 Billion $9.47 Billion -$505.00 Million 0.54x N/A
2018 $3.35 Billion $9.09 Billion $582.00 Million 0.37x 5.76x
2019 $4.08 Billion $8.05 Billion $622.01 Million 0.51x 6.56x
2020 $2.61 Billion $3.48 Billion -$349.00 Million 0.75x N/A
2021 $2.96 Billion $3.85 Billion $674.00 Million 0.77x 4.39x
2022 $847.13 Million $3.75 Billion $737.00 Million 0.23x 1.15x
2023 $1.36 Billion $3.75 Billion -$162.00 Million 0.36x N/A
2024 $2.77 Billion $4.00 Billion $415.00 Million 0.69x 6.68x

Competitor Companies of VEON by Market Capitalization

Companies near VEON Ltd in the global market cap rankings as of May 4, 2026.

Key companies related to VEON Ltd by market ranking:

  • T-Mobile US Inc (NASDAQ:TMUS): Ranked #89 globally with a market cap of $216.03 Billion USD.
  • Verizon Communications Inc (SA:VERZ34): Ranked #108 globally with a market cap of $195.66 Billion USD ( R$997.15 Billion BRL).
  • AT&T Inc (NYSE:T): Ranked #116 globally with a market cap of $179.15 Billion USD.
  • Verizon Communications Inc. (F:BAC): Ranked #128 globally with a market cap of $174.74 Billion USD ( €149.47 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#89 T-Mobile US Inc NASDAQ:TMUS $216.03 Billion $196.06
#108 Verizon Communications Inc SA:VERZ34 $195.66 Billion R$39.41
#116 AT&T Inc NYSE:T $179.15 Billion $26.12
#128 Verizon Communications Inc. F:BAC $174.74 Billion €40.80

VEON Ltd Historical Marketcap From 2015 to 2026

Between 2015 and today, VEON Ltd's market cap moved from $4.08 Billion to $ 3.48 Billion, with a yearly change of -3.72%.

Year Market Cap Change (%)
2026 $3.48 Billion -4.34%
2025 $3.64 Billion +31.10%
2024 $2.77 Billion +103.55%
2023 $1.36 Billion +60.82%
2022 $847.13 Million -71.35%
2021 $2.96 Billion +13.25%
2020 $2.61 Billion -36.03%
2019 $4.08 Billion +21.70%
2018 $3.35 Billion -34.17%
2017 $5.09 Billion +5.59%
2016 $4.82 Billion +18.31%
2015 $4.08 Billion --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of VEON Ltd was reported to be:

Source Market Cap
Yahoo Finance $3.48 Billion USD
MoneyControl $3.48 Billion USD
MarketWatch $3.48 Billion USD
marketcap.company $3.48 Billion USD
Reuters $3.48 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About VEON Ltd

NASDAQ:VEON USA Telecom Services
Market Cap
$3.48 Billion
Market Cap Rank
#4520 Global
#1467 in USA
Share Price
$50.29
Change (1 day)
+1.11%
52-Week Range
$38.27 - $62.72
All Time High
$84.40
About

VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The company offers fixed-line telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and i… Read more