As of May 2, 2024, the American Tower stock's PE ratio is 40.55. This results from the current EPS of $4.43 and stock price of $179.64. The P/E ratio has a decrease of 49% from the past four quarters average of 79.0.
The PE ratio of American Tower has averaged 57.53 over the last ten years. The current PE ratio of 40.55 is 30% below the historical average. Over the past ten years, AMT's PE ratio was at its highest in the Sep 2023 quarter at 108.91, when the stock price was $164.45 and the EPS was $1.51. The lowest value was in the Sep 2022 quarter, when it reached 34.03 with a price of $214.7 and an EPS of $6.31.
Maximum annual increase: 39.5% in 2015
Maximum annual decrease: -22.6% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 67.89 | 22.72% |
| 2022 | 55.32 | 7.61% |
| 2021 | 51.41 | -12.73% |
| 2020 | 58.91 | 9.46% |
| 2019 | 53.82 | -5.08% |
| 2018 | 56.7 | 6.9% |
| 2017 | 53.04 | 0.38% |
| 2016 | 52.84 | -22.6% |
| 2015 | 68.27 | 39.5% |
| 2014 | 48.94 | -14.16% |
Currently, AMT's PE ratio is below the 3, 5 and 10-year averages.
AMT's PE ratio is lower than its peer stock SBAC, but it is greater than CCI's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CCI Crown Castle International Corp | 30.04 | $41.91B |
| AMT American Tower Corp | 40.55 | $83.89B |
| SBAC Sba Communications Corp | 41.78 | $20.96B |
| TDS Telephone & Data Systems Inc | N/A | $1.72B |
The price to earnings ratio for AMT stock is 40.55 as of May 2, 2024.
The average PE ratio for AMT stock over the past 3 years is 59.39.
The average PE ratio for AMT stock over the past 5 years is 58.47.
In the last ten years, the Sep 2023 quarter recorded the highest quarterly PE ratio at 108.91.
AMT's price to earnings ratio is currently 30% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 2, 2024), American Tower's stock price is $179.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.43. Therefore, American Tower's P/E ratio for today is 40.55. PE RATIO(40.55) = STOCK PRICE($179.64) / TTM EPS($4.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.