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SBA Communications (FRA:4SB) Shiller PE Ratio : 130.40 (As of May. 02, 2024)


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What is SBA Communications Shiller PE Ratio?

As of today (2024-05-02), SBA Communications's current share price is €181.25. SBA Communications's E10 for the quarter that ended in Mar. 2024 was €1.39. SBA Communications's Shiller PE Ratio for today is 130.40.

The historical rank and industry rank for SBA Communications's Shiller PE Ratio or its related term are showing as below:

FRA:4SB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 126.53   Med: 412.59   Max: 18324
Current: 126.53

During the past years, SBA Communications's highest Shiller PE Ratio was 18324.00. The lowest was 126.53. And the median was 412.59.

FRA:4SB's Shiller PE Ratio is ranked worse than
97.33% of 449 companies
in the REITs industry
Industry Median: 11.38 vs FRA:4SB: 126.53

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

SBA Communications's adjusted earnings per share data for the three months ended in Mar. 2024 was €1.306. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €1.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBA Communications Shiller PE Ratio Historical Data

The historical data trend for SBA Communications's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SBA Communications Shiller PE Ratio Chart

SBA Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,223.77 348.72 187.46

SBA Communications Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 279.57 198.51 161.85 187.46 145.05

Competitive Comparison of SBA Communications's Shiller PE Ratio

For the REIT - Specialty subindustry, SBA Communications's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SBA Communications's Shiller PE Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SBA Communications's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where SBA Communications's Shiller PE Ratio falls into.



SBA Communications Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

SBA Communications's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=181.25/1.39
=130.40

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SBA Communications's E10 for the quarter that ended in Mar. 2024 is calculated as:

For example, SBA Communications's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.306/129.4194*129.4194
=1.306

Current CPI (Mar. 2024) = 129.4194.

SBA Communications Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.052 100.560 -0.067
201409 -0.101 100.428 -0.130
201412 0.002 99.070 0.003
201503 -0.564 99.621 -0.733
201506 0.196 100.684 0.252
201509 -1.096 100.392 -1.413
201512 0.220 99.792 0.285
201603 0.386 100.470 0.497
201606 0.231 101.688 0.294
201609 -0.107 101.861 -0.136
201612 0.038 101.863 0.048
201703 0.290 102.862 0.365
201706 0.071 103.349 0.089
201709 0.344 104.136 0.428
201712 0.051 104.011 0.063
201803 0.219 105.290 0.269
201806 -0.428 106.317 -0.521
201809 0.120 106.507 0.146
201812 0.439 105.998 0.536
201903 0.204 107.251 0.246
201906 0.248 108.070 0.297
201909 0.173 108.329 0.207
201912 0.531 108.420 0.634
202003 -1.032 108.902 -1.226
202006 0.178 108.767 0.212
202009 0.170 109.815 0.200
202012 0.773 109.897 0.910
202103 -0.092 111.754 -0.107
202106 1.137 114.631 1.284
202109 0.366 115.734 0.409
202112 0.389 117.630 0.428
202203 1.562 121.301 1.667
202206 0.605 125.017 0.626
202209 0.919 125.227 0.950
202212 0.887 125.222 0.917
202303 0.869 127.348 0.883
202306 1.726 128.729 1.735
202309 0.750 129.860 0.747
202312 0.926 129.419 0.926
202403 1.306 129.419 1.306

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


SBA Communications  (FRA:4SB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


SBA Communications Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of SBA Communications's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SBA Communications (FRA:4SB) Business Description

Traded in Other Exchanges
Address
8051 Congress Avenue, Boca Raton, FL, USA, 33487
SBA Communications owns and operates almost 40,000 cell towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment on the towers to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company owns more than 17,000 towers in the U.S., which accounted for about three fourths of the company's total revenue in 2022. Internationally, SBA's greatest presence is in Brazil, where it operates roughly 10,000 towers. SBA operates as a real estate investment trust, or REIT.

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