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SBA Communications (BSP:S1BA34) Shiller PE Ratio : 136.51 (As of May. 04, 2024)


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What is SBA Communications Shiller PE Ratio?

As of today (2024-05-04), SBA Communications's current share price is R$203.40. SBA Communications's E10 for the quarter that ended in Mar. 2024 was R$1.49. SBA Communications's Shiller PE Ratio for today is 136.51.

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

BSP:S1BA34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 129.24   Med: 412.59   Max: 18324
Current: 129.24

During the past years, SBA Communications's highest Shiller PE Ratio was 18324.00. The lowest was 129.24. And the median was 412.59.

BSP:S1BA34's Shiller PE Ratio is ranked worse than
97.32% of 448 companies
in the REITs industry
Industry Median: 11.495 vs BSP:S1BA34: 129.24

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 R$1.414. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$1.49 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
=203.40/1.49
=136.51

* 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)
=1.414/129.4194*129.4194
=1.414

Current CPI (Mar. 2024) = 129.4194.

SBA Communications Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 -0.031 100.560 -0.040
201409 -0.061 100.428 -0.079
201412 0.002 99.070 0.003
201503 -0.383 99.621 -0.498
201506 0.137 100.684 0.176
201509 -0.960 100.392 -1.238
201512 0.186 99.792 0.241
201603 0.318 100.470 0.410
201606 0.178 101.688 0.227
201609 -0.078 101.861 -0.099
201612 0.027 101.863 0.034
201703 0.194 102.862 0.244
201706 0.053 103.349 0.066
201709 0.257 104.136 0.319
201712 0.040 104.011 0.050
201803 0.177 105.290 0.218
201806 -0.377 106.317 -0.459
201809 0.115 106.507 0.140
201812 0.388 105.998 0.474
201903 0.177 107.251 0.214
201906 0.216 108.070 0.259
201909 0.157 108.329 0.188
201912 0.484 108.420 0.578
202003 -1.114 108.902 -1.324
202006 0.208 108.767 0.247
202009 0.216 109.815 0.255
202012 0.967 109.897 1.139
202103 -0.124 111.754 -0.144
202106 1.378 114.631 1.556
202109 0.454 115.734 0.508
202112 0.498 117.630 0.548
202203 1.712 121.301 1.827
202206 0.646 125.017 0.669
202209 0.954 125.227 0.986
202212 0.986 125.222 1.019
202303 0.969 127.348 0.985
202306 1.815 128.729 1.825
202309 0.790 129.860 0.787
202312 0.990 129.419 0.990
202403 1.414 129.419 1.414

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  (BSP:S1BA34) 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

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SBA Communications (BSP:S1BA34) 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.

SBA Communications (BSP:S1BA34) Headlines

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