As of Apr 18, 2024, the SBAC stock has a P/E ratio of 42.23. The calculation is based on the latest EPS of $4.64 and the stock price of $195.95 per share. A decrease of 24% has been observed in the PE ratio compared to its average of 55.8 of the past four quarters.
The mean historical PE ratio of Sba Communications over the last eight years is 241.06. The current 42.23 price-to-earnings ratio is 82% less than the historical average. Analyzing the last eight years, SBAC's PE ratio reached its highest point in the Dec 2020 quarter at 1,282.41, with a price of $282.13 and an EPS of $0.22. The Sep 2023 quarter saw the lowest point at 43.71, with a price of $200.17 and an EPS of $4.58.
Maximum annual increase: 591.77% in 2020
Maximum annual decrease: -86.02% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 54.67 | -16.73% |
| 2022 | 65.65 | -63.38% |
| 2021 | 179.27 | -86.02% |
| 2020 | 1,282.41 | 591.77% |
| 2019 | 185.38 | -53.05% |
| 2018 | 394.85 | 107.87% |
| 2017 | 189.95 | 12.21% |
| 2016 | 169.28 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, SBAC's PE ratio is under its 3, 5 and 10-year averages.
SBAC's PE ratio is less than its peer stocks AMT and USM, but it is above VZ's and T's. Sba Communications is currently trading at a higher PE ratio (42.23) than its peers average of 31.6.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 8.38 | $118.09B |
| VZ Verizon Communications Inc | 14.67 | $170.23B |
| CCI Crown Castle International Corp | 27.51 | $41.34B |
| SBAC Sba Communications Corp | 42.25 | $21.2B |
| AMT American Tower Corp | 53.87 | $79.89B |
| USM United States Cellular Corp | 55.55 | $3.02B |
| TDS Telephone & Data Systems Inc | N/A | $1.63B |
| MTZ Mastec Inc | N/A | $6.69B |
As of Apr 18, 2024, SBAC stock has a price to earnings ratio of 42.23.
As an average over the last 3 years, SBAC stock has a PE ratio of 89.12.
As an average over the last 5 years, SBAC stock has a PE ratio of 191.99.
Over the last eight years, the quarterly PE ratio reached its highest level at 1,282.41 in the Dec 2020 quarter.
SBAC's current price to earnings ratio is 82% below its 8-year historical average.
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 18, 2024), Sba Communications's share price is $195.95. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $4.64. Therefore, Sba Communications's price to earnings ratio for today is 42.23. PE RATIO(42.23) = STOCK PRICE($195.95) / TTM EPS($4.64)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.