American Tower (MEX:AMT) PS Ratio: 6.89 (As of Jul. 04, 2026) — 29% Below Median


MEX:AMT American Tower Corp MEX:AMT
61 GF Score
Price MXN2,911.13
GF Value MXN3,635.10
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is American Tower PS Ratio?

American Tower MEX:AMT 61 PS Ratio is 6.89 as of Jul. 04, 2026, which is 29% below its 10-year median of 9.74. GuruFocus rates MEX:AMT with a GF Score™ of 61/100 and a GF Value™ of MXN3,635.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 915 REITs companies, American Tower ranks worse than 56.17% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, American Tower's share price is MXN2911.13. American Tower's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN422.75. Hence, American Tower's PS Ratio for today is 6.89.

Good Sign:

American Tower Corp stock PS Ratio (=7.19) is close to 10-year low of 7.19.

The historical rank and industry rank for American Tower's PS Ratio or its related term are showing as below:

MEX:AMT' s PS Ratio Range Over the Past 10 Years
Min: 7.19   Med: 9.74   Max: 15.74
Current: 7.19

During the past 13 years, American Tower's highest PS Ratio was 15.74. The lowest was 7.19. And the median was 9.74.

MEX:AMT's PS Ratio is ranked worse than
56.17% of 915 companies
in the REITs industry
Industry Median: 6.66 vs MEX:AMT: 7.19

American Tower's Revenue per Sharefor the three months ended in Mar. 2026 was MXN105.74. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN422.75.

Good Sign:

American Tower Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of American Tower was 6.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.90% per year. During the past 5 years, the average Revenue per Share Growth Rate was 3.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 6.60% per year.

During the past 13 years, American Tower's highest 3-Year average Revenue per Share Growth Rate was 103.20% per year. The lowest was -2.70% per year. And the median was 10.00% per year.

Back to Basics: PS Ratio


American Tower  (MEX:AMT) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


American Tower PS Ratio Related Terms


American Tower PS Ratio Historical Data

* Premium members only.

The historical data trend for American Tower's 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.

American Tower PS Ratio Chart

American Tower Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.17 10.16 10.07 8.48 7.73

American Tower Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PS 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 10.01 10.09 8.62 7.73 7.47

MEX:AMT vs DLR, EQIX, IRM: PS Ratio Comparison

For the REIT - Specialty subindustry, American Tower's PS Ratio, along with its competitors' market caps and 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.


American Tower PS Ratio vs REITs Industry

For the REITs industry and Real Estate sector, American Tower's PS Ratio distribution charts can be found below:

* The bar in red indicates where American Tower's PS Ratio falls into.


MEX:AMT
61GF Score
American Tower Corp MEX:AMT
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

American Tower PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

American Tower's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=2911.13/422.75
=6.89

American Tower's Share Price of today is MXN2911.13.
American Tower's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN422.75.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 6.89 mean?
American Tower (MEX:AMT) has a PS Ratio of 6.89 as of Jul. 04, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on American Tower and its competitors. This is 29% below median its historical median of 9.74. Over the past decade, American Tower's PS Ratio has ranged from 7.19 to 15.74. According to the industry distribution chart, American Tower ranks #514 out of 915 companies in the REITs industry, placing it in the top 56.2%.
Is American Tower's PS Ratio too high?
American Tower's current PS Ratio of 6.89 is 29% below median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 7.19 to a high of 15.74. The REITs industry median PS Ratio is 6.66. American Tower's value of 6.89 is 3.5% above this industry median. Based on the distribution chart, American Tower ranks #514 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, American Tower has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's PS Ratio compare to DLR and EQIX?
According to the REITs industry distribution chart, American Tower ranks #514 out of 915 companies for PS Ratio. This places American Tower in the lower half of its industry. The industry median PS Ratio is 6.66. American Tower's value of 6.89 is 3.5% above this benchmark. Historically, American Tower's own PS Ratio has ranged from 7.19 to 15.74 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 6.66, American Tower has consistently been above 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.66, based on 915 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Tower's current PS Ratio of 6.89 is 3.5% above 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on American Tower and its competitors. For the REITs industry, the median PS Ratio is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Tower's current PS Ratio is 6.89, which is 29% below median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (MEX:AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,635.10, compared to a current price of MXN2,911.13 — trading 19.9% below its estimated fair value. The current PS Ratio is 6.89, which is 29% below median its 10-year median of 9.74 and 3.5% above the REITs industry median of 6.66. American Tower's overall GF Score™ is 61/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For American Tower (MEX:AMT), the current PS Ratio is 6.89 as of Jul. 04, 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 American Tower (MEX:AMT) Overvalued in 2026?

Based on GuruFocus' analysis, American Tower stock appears to be undervalued. The current stock price of MXN2,911.13 is trading 19.9% below its estimated GF Value™ of MXN3,635.10. GuruFocus considers American Tower to be Modestly Undervalued.

Key valuation signals for MEX:AMT:

  • PS Ratio: 6.89 (29% below median its 10-year median of 9.74)
  • GF Value™: MXN3,635.10 vs. price of MXN2,911.13 (19.9% below fair value)
  • GF Score™: 61/100 with 5 warning signs
  • Industry Position: 3.5% above the REITs median (#514 of 915)

No single metric tells the full story. See the MEX:AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


American Tower Business Description

Industry Real EstateREITs
Address 222 Berkeley Street, 7th Floor, Boston, MA, USA, 02116
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
61GF Score

Get the complete analysis for MEX:AMT

PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN2,911.13
Price
MXN3,635.10
GF Value