The PE ratio for Crown Castle International stock stands at 27.52 as of May 1, 2024. This is calculated based on the TTM EPS of $3.46 and the stock price of $95.23 per share. A decrease of 10% has been observed in the PE ratio compared to its average of 30.6 of the last four quarters.
Over the last ten years, the average PE ratio of Crown Castle International has been 78.55. The current 27.52 P/E ratio is 65% lower than the historical average. Looking back at the last ten years, CCI's PE ratio peaked in the Jun 2014 quarter at 200.7, with a price of $74.26 and an EPS of $0.37. The Sep 2015 quarter marked the lowest point at 17.68, with a price of $78.87 and an EPS of $4.46.
Maximum annual increase: 369.13% in 2016
Maximum annual decrease: -74.27% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 33.29 | -5.02% |
| 2022 | 35.05 | -57.35% |
| 2021 | 82.18 | 21.84% |
| 2020 | 67.45 | -14.59% |
| 2019 | 78.97 | -10.59% |
| 2018 | 88.32 | -36.35% |
| 2017 | 138.76 | 51.92% |
| 2016 | 91.34 | 369.13% |
| 2015 | 19.47 | -74.27% |
| 2014 | 75.67 | -73.21% |
CCI's current PE ratio is lower than its 3, 5 and 10-year averages.
CCI's PE ratio stands lower than its peer stocks AMT and SBAC, but it is higher than VZ's and T's. Crown Castle International is currently trading at a higher PE ratio (27.52) than its peers average of 22.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| T At&T Inc | 8.59 | $121.03B |
| HEES H&E Equipment Services Inc | 9.55 | $1.64B |
| VZ Verizon Communications Inc | 14.63 | $165B |
| CCI Crown Castle International Corp | 27.52 | $41.35B |
| AMT American Tower Corp | 39.92 | $82.58B |
| SBAC Sba Communications Corp | 40.76 | $20.45B |
| MIND Mind Technology Inc | N/A | $8.35M |
| TDS Telephone & Data Systems Inc | N/A | $1.68B |
The price to earnings ratio for CCI stock is 27.52 as of May 1, 2024.
The 3-year average price to earnings ratio for CCI stock is 47.19.
The 5-year average price to earnings ratio for CCI stock is 62.97.
The highest quarterly PE ratio in the last ten years has been 200.7 and it was in the Jun 2014 quarter.
The current PE ratio of CCI is 65% lower than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 1, 2024), Crown Castle International's share price is $95.23. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.46. Therefore, Crown Castle International's PE ratio for today is 27.52. PE RATIO(27.52) = STOCK PRICE($95.23) / TTM EPS($3.46)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.