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Crown Castle (BSP:C1CI34) E10 : R$2.56 (As of Dec. 2024)


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What is Crown Castle E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E 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 Dec. 2024 was R$-16.732. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is R$2.56 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Crown Castle's average E10 Growth Rate was -36.40% per year. During the past 3 years, the average E10 Growth Rate was -2.80% per year. During the past 5 years, the average E10 Growth Rate was 11.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Crown Castle was 36.00% per year. The lowest was -2.80% per year. And the median was 25.40% per year.

As of today (2025-04-03), Crown Castle's current stock price is R$147.96. Crown Castle's E10 for the quarter that ended in Dec. 2024 was R$2.56. Crown Castle's Shiller PE Ratio of today is 57.80.

During the past 13 years, the highest Shiller PE Ratio of Crown Castle was 358.63. The lowest was 32.00. And the median was 125.00.


Crown Castle E10 Historical Data

The historical data trend for Crown Castle's E10 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 E10 Chart

Crown Castle Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.95 2.54 2.97 3.22 2.56

Crown Castle Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
E10 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 3.22 3.36 3.70 3.74 2.56

Competitive Comparison of Crown Castle's E10

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.


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Crown Castle E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get 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.

For example, Crown Castle's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=-16.732/133.1571*133.1571
=-16.732

Current CPI (Dec. 2024) = 133.1571.

Crown Castle Quarterly Data

per share eps CPI Adj_EPS
201503 0.267 99.621 0.357
201506 2.661 100.684 3.519
201509 0.273 100.392 0.362
201512 0.378 99.792 0.504
201603 0.102 100.470 0.135
201606 0.188 101.688 0.246
201609 0.211 101.861 0.276
201612 0.293 101.863 0.383
201703 0.258 102.862 0.334
201706 0.255 103.349 0.329
201709 0.164 104.136 0.210
201712 0.140 104.011 0.179
201803 0.172 105.290 0.218
201806 0.339 106.317 0.425
201809 0.339 106.507 0.424
201812 0.427 105.998 0.536
201903 0.384 107.251 0.477
201906 0.434 108.070 0.535
201909 0.525 108.329 0.645
201912 0.441 108.420 0.542
202003 0.464 108.902 0.567
202006 0.532 108.767 0.651
202009 0.513 109.815 0.622
202012 1.505 109.897 1.824
202103 0.183 111.754 0.218
202106 0.968 114.631 1.124
202109 1.069 115.734 1.230
202112 1.145 117.630 1.296
202203 1.207 121.301 1.325
202206 1.224 125.017 1.304
202209 1.272 125.227 1.353
202212 1.246 125.222 1.325
202303 1.263 127.348 1.321
202306 1.274 128.729 1.318
202309 0.753 129.860 0.772
202312 1.017 129.419 1.046
202403 0.884 131.776 0.893
202406 0.781 132.554 0.785
202409 0.969 133.029 0.970
202412 -16.732 133.157 -16.732

Add all the adjusted EPS together and divide 10 will get our e10.


Crown Castle  (BSP:C1CI34) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, 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 P/E is also called PE10.

The Shiller P/E 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 P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=147.96/2.56
=57.80

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Crown Castle was 358.63. The lowest was 32.00. And the median was 125.00.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Crown Castle E10 Related Terms

Thank you for viewing the detailed overview of Crown Castle's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Crown Castle Business Description

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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