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Crown Castle (BSP:C1CI34) Cyclically Adjusted PB Ratio : 3.99 (As of Jun. 04, 2025)


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What is Crown Castle Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Crown Castle's current share price is R$142.24. Crown Castle's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$35.67. Crown Castle's Cyclically Adjusted PB Ratio for today is 3.99.

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

BSP:C1CI34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.2   Med: 6.84   Max: 9.03
Current: 3.98

During the past years, Crown Castle's highest Cyclically Adjusted PB Ratio was 9.03. The lowest was 3.20. And the median was 6.84.

BSP:C1CI34's Cyclically Adjusted PB Ratio is ranked worse than
96.35% of 520 companies
in the REITs industry
Industry Median: 0.81 vs BSP:C1CI34: 3.98

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Crown Castle's adjusted book value per share data for the three months ended in Mar. 2025 was R$-4.142. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$35.67 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crown Castle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crown Castle's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Crown Castle Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.52 8.82 5.27 4.35 3.56

Crown Castle Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB 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 3.97 3.69 4.53 3.56 4.15

Competitive Comparison of Crown Castle's Cyclically Adjusted PB Ratio

For the REIT - Specialty subindustry, Crown Castle's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Distribution in the REITs Industry

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

* The bar in red indicates where Crown Castle's Cyclically Adjusted PB Ratio falls into.


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Crown Castle Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Crown Castle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=142.24/35.67
=3.99

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Crown Castle's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-4.142/134.9266*134.9266
=-4.142

Current CPI (Mar. 2025) = 134.9266.

Crown Castle Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.257 100.684 23.126
201509 21.167 100.392 28.449
201512 20.606 99.792 27.861
201603 19.590 100.470 26.308
201606 17.616 101.688 23.374
201609 16.271 101.861 21.553
201612 17.576 101.863 23.281
201703 15.933 102.862 20.900
201706 17.080 103.349 22.299
201709 24.427 104.136 31.650
201712 25.018 104.011 32.454
201803 25.347 105.290 32.482
201806 28.546 106.317 36.228
201809 30.432 106.507 38.552
201812 27.069 105.998 34.457
201903 27.111 107.251 34.107
201906 26.700 108.070 33.335
201909 28.037 108.329 34.921
201912 25.873 108.420 32.198
202003 29.648 108.902 36.733
202006 30.564 108.767 37.915
202009 29.763 109.815 36.569
202012 28.233 109.897 34.663
202103 29.086 111.754 35.117
202106 25.355 114.631 29.844
202109 26.016 115.734 30.330
202112 27.024 117.630 30.998
202203 23.089 121.301 25.683
202206 22.910 125.017 24.726
202209 23.248 125.227 25.049
202212 22.559 125.222 24.307
202303 21.671 127.348 22.961
202306 19.700 128.729 20.648
202309 18.972 129.860 19.712
202312 18.023 129.419 18.790
202403 17.309 131.776 17.723
202406 17.515 132.554 17.829
202409 16.872 133.029 17.113
202412 -0.467 133.157 -0.473
202503 -4.142 134.927 -4.142

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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  (BSP:C1CI34) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Crown Castle Cyclically Adjusted PB Ratio Related Terms

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


Crown Castle Business Description

Industry
Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle owns and leases roughly 40,000 cell towers in the United States. It also owns more than 90,000 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. Crown Castle's towers and fiber are predominantly in the largest US cities. The company has a very concentrated customer base, with about 75% of its revenue from the Big Three US mobile carriers. Crown Castle operates as a real estate investment trust. It has announced plans to divest its fiber business, which should be finalized in 2026. After that, Crown will be a stand-alone tower operator.

Crown Castle Headlines

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