Crown Castle (BSP:C1CI34) PB Ratio

: 6.80 (As of Today)

View and export this data going back to 2020. Start your Free Trial

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-18), Crown Castle's share price is R$122.48. Crown Castle's Book Value per Share for the quarter that ended in Dec. 2023 was R$18.02. Hence, Crown Castle's PB Ratio of today is 6.80.

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

BSP:C1CI34' s PB Ratio Range Over the Past 10 Years
Min: 3.25 Med: 4.94 Max: 10.92
Current: 6.3

During the past 13 years, Crown Castle's highest PB Ratio was 10.92. The lowest was 3.25. And the median was 4.94.

BSP:C1CI34's PB Ratio is ranked worse than
98.36% of 853 companies
in the REITs industry
Industry Median: 0.84 vs BSP:C1CI34: 6.30

During the past 12 months, Crown Castle's average Book Value Per Share Growth Rate was -14.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -12.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Crown Castle was 38.90% per year. The lowest was -22.80% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio

Crown Castle PB Ratio Historical Data

The historical data trend for Crown Castle's 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

7.19

10.73

7.93

7.79

Crown Castle Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio																7.93	7.81	6.95	6.09	7.79

Competitive Comparison

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

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

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

Crown Castle PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Crown Castle's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	122.48	/	18.023
	=	6.80

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Crown Castle (BSP:C1CI34) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Crown Castle PB Ratio Related Terms

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

Crown Castle (BSP:C1CI34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle Inc (BSP:C1CI34) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

CCI:USA 8CW:Germany

Address

8020 Katy Freeway, Houston, TX, USA, 77024-1908

Website

https://www.crowncastle.com

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.

Crown Castle (BSP:C1CI34) Headlines

No Headlines