AMT American Tower PE ratio, current and historical analysis
As of Nov 21, 2024, the American Tower stock's PE ratio is 85.21. This results from the current EPS of $2.38 and stock price of $202.81. The P/E ratio has an increase of 38% from the past four quarters average of 61.7.
AMT PE ratio history
The PE ratio of American Tower has averaged 58.37 over the last ten years. The current PE ratio of 85.21 is 46% above 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.
American Tower PE ratio by year
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% |
AMT average PE ratio chart
Currently, AMT's PE ratio is greater than its 3, 5 and 10-year historical averages.
AMT PE vs peers
AMT's PE ratio is higher than its peer stocks CCI and SBAC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SBAC Sba Communications Corp | 34.39 | $23.59B |
| CCI Crown Castle International Corp | 36.93 | $45.42B |
| AMT American Tower Corp | 85.21 | $94.77B |
| TDS Telephone & Data Systems Inc | N/A | $3.73B |
Frequently asked questions
What is American Tower's PE ratio?
The price to earnings ratio for AMT stock is 85.21 as of Nov 21, 2024.
What is the 3-year average PE ratio for American Tower (AMT)?
The average PE ratio for AMT stock over the past 3 years is 62.04.
What is the 5-year average PE ratio for American Tower (AMT)?
The average PE ratio for AMT stock over the past 5 years is 59.06.
What is the highest PE ratio for AMT?
In the last ten years, the Sep 2023 quarter recorded the highest quarterly PE ratio at 108.91.
How does the current PE ratio for AMT compare to its historical average?
AMT's price to earnings ratio is currently 46% above its 10-year historical average.
Why is American Tower's PE ratio so high?
AMT's PE ratio of 85.21 is considered high because the company's stock price is trading at a higher multiple of earnings.
How is AMT's PE ratio calculated (American Tower PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), American Tower's stock price is $202.81. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.38. Therefore, American Tower's P/E ratio for today is 85.21. PE RATIO(85.21) = STOCK PRICE($202.81) / TTM EPS($2.38)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.