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Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Crown Castle's tangible book value per share for the quarter that ended in Mar. 2024 was $-16.35.
Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
The historical data trend for Crown Castle's Tangible Book per Share 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.
Crown Castle Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Tangible Book per Share | Get a 7-Day Free Trial | -10.64 | -11.72 | -13.58 | -14.39 | -15.87 |
Crown Castle Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Tangible Book per Share | Get a 7-Day Free Trial | -14.65 | -14.81 | -15.42 | -15.87 | -16.35 |
For the REIT - Specialty subindustry, Crown Castle's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.
For the REITs industry and Real Estate sector, Crown Castle's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Crown Castle's Price-to-Tangible-Book falls into.
Crown Castle's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (6381 | - | 0 | - | 13264) | / | 433.689 | |
= | -15.87 |
Crown Castle's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (6048 | - | 0 | - | 13158) | / | 435 | |
= | -16.34 |
* 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.
Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.
Crown Castle (NYSE:CCI) Tangible Book per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Thank you for viewing the detailed overview of Crown Castle's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert Sean Collins | officer: Vice President and Controller | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Maria M Pope | director | C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204 |
Kevin T Kabat | director | UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402 |
Kevin A Stephens | director | 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057 |
Laura B Nichol | officer: EVP - Business Support | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Christopher Levendos | officer: EVP & COO - Fiber | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Adams Edward B Jr | officer: EVP and General Counsel | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Matthew Iii Thornton | director | 3610 HACKS CROSS ROAD, MEMPHIS TN 38125 |
Michael Joseph Kavanagh | officer: SVP & Chief Commercial Officer | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Catherine Piche | officer: EVP & COO-Towers | 8020 KATY FREEWAY, HOUSTON TX 77024 |
Daniel K Schlanger | officer: SVP & Chief Financial Officer | 8020 KATY FREEWAY, HOUSTON TX 77024 |
J Landis Martin | director | TIMET CORP, 1999 BROADWAY SUITE 4300, DENVER CO 80202 |
Kenneth Jay Simon | officer: SVP and General Counsel | 8020 KATY FREEWAY, HOUSTON TX 77024 |
James D Young | officer: SVP & Chief Operating Officer | 510 BERING DRIVE, SUITE 500, HOUSTON TX 77057 |
Tammy Jones | director | MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024 |
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