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Crown CastleFRA:8CW -2.22%61 Cyclically Adjusted PS Ratio is 5.19 as of Jul. 22, 2026, which is 53% below its 10-year median of 11.16. GuruFocus rates FRA:8CW with a GF Score™ of 61/100 and a GF Value™ of €79.23 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 552 REITs companies, Crown Castle ranks better than 57.07% on this metric.
The historical rank and industry rank for Crown Castle's Cyclically Adjusted PS Ratio or its related term are showing as below:
FRA:8CW'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.09 Med: 11.16 Max: 16.24
Current: 5.09
During the past years, Crown Castle's highest Cyclically Adjusted PS Ratio was 16.24. The lowest was 5.09. And the median was 11.16.
FRA:8CW's Cyclically Adjusted PS Ratio is ranked better than 57.07% of 552
companies
in the REITs industry
Industry Median: 5.905
vs FRA:8CW: 5.09
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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Crown Castle's adjusted revenue per share data for the three months ended in Mar. 2026 was €1.999. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €12.71 for the trailing ten years ended in Mar. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Crown Castle (FRA:8CW) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.
Crown Castle Cyclically Adjusted PS Ratio Related Terms
Crown Castle Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Crown Castle's Cyclically Adjusted PS 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.
FRA:8CW vs IRM, SBAC, WY: Cyclically Adjusted PS Ratio Comparison
For the REIT - Specialty subindustry, Crown Castle's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Crown Castle's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Crown Castle's Cyclically Adjusted PS Ratio falls into.
Crown Castle Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.
Crown Castle's Cyclically Adjusted PS Ratio for today is calculated as
* 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.
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.
What does a Cyclically Adjusted PS Ratio of 5.19 mean?
Crown Castle (FRA:8CW) has a Cyclically Adjusted PS Ratio of 5.19 as of Jul. 22, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Crown Castle and its competitors. This is 53% below median its historical median of 11.16. Over the past decade, Crown Castle's Cyclically Adjusted PS Ratio has ranged from 5.09 to 16.24. According to the industry distribution chart, Crown Castle ranks #237 out of 552 companies in the REITs industry, placing it in the top 42.9%.
Is Crown Castle's Cyclically Adjusted PS Ratio too high?
Crown Castle's current Cyclically Adjusted PS Ratio of 5.19 is 53% below median its 10-year median of 11.16. Over the past 10 years, this metric has ranged from a low of 5.09 to a high of 16.24. The REITs industry median Cyclically Adjusted PS Ratio is 5.91. Crown Castle's value of 5.19 is 12.1% below this industry median. Based on the distribution chart, Crown Castle ranks #237 out of 552 companies in the REITs industry, which is above the industry midpoint. Overall, Crown Castle has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Crown Castle's Cyclically Adjusted PS Ratio compare to IRM and SBAC?
According to the REITs industry distribution chart, Crown Castle ranks #237 out of 552 companies for Cyclically Adjusted PS Ratio. This puts Crown Castle in the upper half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.91. Crown Castle's value of 5.19 is 12.1% below this benchmark. Historically, Crown Castle's own Cyclically Adjusted PS Ratio has ranged from 5.09 to 16.24 over the past decade. While the company's 10-year median is 11.16 vs. the industry median of 5.91, Crown Castle has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.91, based on 552 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Crown Castle's current Cyclically Adjusted PS Ratio of 5.19 is 12.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Crown Castle and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Crown Castle's current Cyclically Adjusted PS Ratio is 5.19, which is 53% below median its own 10-year median of 11.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crown Castle stock overvalued right now?
Based on GuruFocus' analysis, Crown Castle (FRA:8CW) is currently considered Modestly Undervalued. The stock's GF Value™ is €79.23, compared to a current price of €66.00 — trading 16.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 5.19, which is 53% below median its 10-year median of 11.16 and 12.1% below the REITs industry median of 5.91. Crown Castle's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Crown Castle (FRA:8CW), the current Cyclically Adjusted PS Ratio is 5.19 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Crown Castle (FRA:8CW) Overvalued in 2026?
Based on GuruFocus' analysis, Crown Castle stock appears to be undervalued.
The current stock price of €66.00 is trading 16.7% below its estimated GF Value™ of €79.23.
GuruFocus considers Crown Castle to be Modestly Undervalued.
Key valuation signals for FRA:8CW:
Cyclically Adjusted PS Ratio: 5.19 (53% below median its 10-year median of 11.16)
GF Value™: €79.23 vs. price of €66.00 (16.7% below fair value)
Industry Position: 12.1% below the REITs median (#237 of 552)
No single metric tells the full story. See the FRA:8CW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crown Castle owns or manages roughly 40,000 wireless towers in the United States. It leases space on its towers to wireless service providers, which install equipment to support their wireless networks. The company has a very concentrated customer base, with about 90% of its revenue from the Big Three US mobile carriers: Verizon, T-Mobile, and AT&T. Crown Castle has plans to divest its fiber business, which is expected to be finalized in the first half of 2026. After that, it will be a stand-alone tower operator. Crown Castle operates as a real estate investment trust.
61GF Score
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