This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Crown Castle's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $16.085. Crown Castle's 10-Year median PS Ratio is 8.9953. Therefore, the Median PS Value for today is $144.69.
As of today (2024-04-18), Crown Castle's share price is $94.37. Crown Castle's Median PS Value is $144.69. Therefore, Crown Castle's Price to Median PS Value for today is 0.65.
The historical rank and industry rank for Crown Castle's Median PS Value or its related term are showing as below:
CCI'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.64 Med: 1.06 Max: 1.64
Current: 0.65
During the past 13 years, the highest Price to Median PS Value of Crown Castle was 1.64. The lowest was 0.64. And the median was 1.06.
CCI's Price-to-Median-PS-Value is ranked better than 68.28% of 372
companies
in the REITs industry
Industry Median: 0.77
vs CCI: 0.65
Crown Castle Median PS Value Historical Data
The historical data trend for Crown Castle's Median PS Value 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 Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Median PS Value
110.32
114.41
127.59
145.42
144.69
Crown Castle Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
Median PS Value
145.42
145.30
148.06
146.43
144.69
Competitive Comparison
For the REIT - Specialty subindustry, Crown Castle's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution
For the REITs industry and Real Estate sector, Crown Castle's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Crown Castle's Price-to-Median-PS-Value falls into.
Crown Castle Median PS Value Calculation
Crown Castle's Median PS Value for today is calculated as
10-Year Median PS Ratio is 8.9953.
Crown Castle's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.085.
* 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 (NYSE:CCI) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Crown Castle's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
94.37
/
144.69
=
0.65
* 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 Median PS Value Related Terms
Thank you for viewing the detailed overview of Crown Castle's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
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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