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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, SBA Communications's share price is MXN3220.00.
SBA Communications's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MXN488.04. Hence, SBA Communications's PS Ratio for today is 6.60.
Good Sign:
SBA Communications Corp stock PS Ratio (=7.02) is close to 10-year low of 6.38.
The historical rank and industry rank for SBA Communications's PS Ratio or its related term are showing as below:
MEX:SBAC'
s PS Ratio Range Over the Past 10 Years
Min: 6.38 Med: 10.71 Max: 18.98
Current: 7.02
During the past 13 years, SBA Communications's highest PS Ratio was 18.98. The lowest was 6.38. And the median was 10.71.
MEX:SBAC's PS Ratio is ranked worse than 53.99% of 915
companies
in the REITs industry
Industry Median: 6.68
vs MEX:SBAC: 7.02
SBA Communications Corp has shown predictable revenue and earnings growth.
During the past 12 months, the average Revenue per Share Growth Rate of SBA Communications was 7.20% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 6.90% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.30% per year.
During the past 13 years, SBA Communications's highest 3-Year average Revenue per Share Growth Rate was 23.70% per year. The lowest was -11.80% per year. And the median was 8.50% per year.
Back to Basics: PS Ratio
SBA Communications (MEX:SBAC) 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.
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.
SBA Communications PS Ratio Related Terms
SBA Communications PS Ratio Historical Data
* Premium members only.
The historical data trend for SBA Communications'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.
For the REIT - Specialty subindustry, SBA Communications'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.
SBA Communications PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, SBA Communications's PS Ratio distribution charts can be found below:
* The bar in red indicates where SBA Communications's PS Ratio falls into.
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.
SBA Communications's Share Price of today is MXN3220.00. SBA Communications'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 MXN488.04.
* 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:
SBA Communications (MEX:SBAC) has a PS Ratio of 6.60 as of Jul. 14, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on SBA Communications and its competitors. This is 38% below median its historical median of 10.71. Over the past decade, SBA Communications' PS Ratio has ranged from 6.38 to 18.98. According to the industry distribution chart, SBA Communications ranks #494 out of 915 companies in the REITs industry, placing it in the top 54%.
Is SBA Communications' PS Ratio too high?
SBA Communications' current PS Ratio of 6.60 is 38% below median its 10-year median of 10.71. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 18.98. The REITs industry median PS Ratio is 6.68. SBA Communications' value of 6.60 is 1.2% below this industry median. Based on the distribution chart, SBA Communications ranks #494 out of 915 companies in the REITs industry, which is below the industry midpoint. Overall, SBA Communications has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' PS Ratio compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #494 out of 915 companies for PS Ratio. This places SBA Communications in the lower half of its industry. The industry median PS Ratio is 6.68. SBA Communications' value of 6.60 is 1.2% below this benchmark. Historically, SBA Communications' own PS Ratio has ranged from 6.38 to 18.98 over the past decade. While the company's 10-year median is 10.71 vs. the industry median of 6.68, SBA Communications 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 PS Ratio for a REITs company?
The median PS Ratio among REITs companies is 6.68, 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. SBA Communications's current PS Ratio of 6.60 is 1.2% 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 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 SBA Communications and its competitors. For the REITs industry, the median PS Ratio is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current PS Ratio is 6.60, which is 38% below median its own 10-year median of 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
SBA Communications (MEX:SBAC) has a current PS Ratio of 6.60. The stock's GF Value™ is MXN4,015.28, compared to a current price of MXN3,220.00 — trading 19.8% below its estimated fair value. The current PS Ratio is 6.60, which is 38% below median its 10-year median of 10.71 and 1.2% below the REITs industry median of 6.68. SBA Communications' overall GF Score™ is 85/100 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 SBA Communications (MEX:SBAC), the current PS Ratio is 6.60 as of Jul. 14, 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 SBA Communications (MEX:SBAC) Overvalued in 2026?
Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued.
The current stock price of MXN3,220.00 is trading 19.8% below its estimated GF Value™ of MXN4,015.28.
Key valuation signals for MEX:SBAC:
PS Ratio: 6.60 (38% below median its 10-year median of 10.71)
GF Value™: MXN4,015.28 vs. price of MXN3,220.00 (19.8% below fair value)
Industry Position: 1.2% below the REITs median (#494 of 915)
No single metric tells the full story. See the MEX:SBAC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
85GF Score
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