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Crown Castle (FRA:8CW) Shiller PE Ratio : 36.70 (As of May. 05, 2024)


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What is Crown Castle Shiller PE Ratio?

As of today (2024-05-05), Crown Castle's current share price is €90.27. Crown Castle's E10 for the quarter that ended in Mar. 2024 was €2.46. Crown Castle's Shiller PE Ratio for today is 36.70.

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

FRA:8CW' s Shiller PE Ratio Range Over the Past 10 Years
Min: 33.78   Med: 129.95   Max: 358.63
Current: 36.41

During the past years, Crown Castle's highest Shiller PE Ratio was 358.63. The lowest was 33.78. And the median was 129.95.

FRA:8CW's Shiller PE Ratio is ranked worse than
89.51% of 448 companies
in the REITs industry
Industry Median: 11.495 vs FRA:8CW: 36.41

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.

Crown Castle's adjusted earnings per share data for the three months ended in Mar. 2024 was €0.653. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €2.46 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crown Castle Shiller PE Ratio Historical Data

The historical data trend for Crown Castle'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.

Crown Castle Shiller PE Ratio Chart

Crown Castle 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 124.88 104.23 114.21 60.22 43.65

Crown Castle 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 56.21 45.79 36.09 43.65 39.56

Competitive Comparison of Crown Castle's Shiller PE Ratio

For the REIT - Specialty subindustry, Crown Castle'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.


Crown Castle's Shiller PE Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Crown Castle's Shiller PE Ratio falls into.



Crown Castle 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.

Crown Castle's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=90.27/2.46
=36.70

* 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.

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

For example, Crown Castle'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)
=0.653/129.4194*129.4194
=0.653

Current CPI (Mar. 2024) = 129.4194.

Crown Castle Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.052 100.560 0.067
201409 0.225 100.428 0.290
201412 0.333 99.070 0.435
201503 0.314 99.621 0.408
201506 3.047 100.684 3.917
201509 0.249 100.392 0.321
201512 0.358 99.792 0.464
201603 0.099 100.470 0.128
201606 0.196 101.688 0.249
201609 0.232 101.861 0.295
201612 0.332 101.863 0.422
201703 0.309 102.862 0.389
201706 0.276 103.349 0.346
201709 0.176 104.136 0.219
201712 0.144 104.011 0.179
201803 0.170 105.290 0.209
201806 0.308 106.317 0.375
201809 0.283 106.507 0.344
201812 0.387 105.998 0.473
201903 0.354 107.251 0.427
201906 0.398 108.070 0.477
201909 0.463 108.329 0.553
201912 0.387 108.420 0.462
202003 0.344 108.902 0.409
202006 0.364 108.767 0.433
202009 0.323 109.815 0.381
202012 0.962 109.897 1.133
202103 0.109 111.754 0.126
202106 0.639 114.631 0.721
202109 0.689 115.734 0.770
202112 0.717 117.630 0.789
202203 0.881 121.301 0.940
202206 0.918 125.017 0.950
202209 0.980 125.227 1.013
202212 0.897 125.222 0.927
202303 0.906 127.348 0.921
202306 0.969 128.729 0.974
202309 0.572 129.860 0.570
202312 0.761 129.419 0.761
202403 0.653 129.419 0.653

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.


Crown Castle  (FRA:8CW) 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.


Crown Castle Shiller PE Ratio Related Terms

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


Crown Castle (FRA:8CW) Business Description

Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.

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