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Crown Castle (BSP:C1CI34) Cyclically Adjusted PS Ratio : 6.62 (As of May. 24, 2024)


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What is Crown Castle Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Crown Castle's current share price is R$129.22. Crown Castle's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was R$19.51. Crown Castle's Cyclically Adjusted PS Ratio for today is 6.62.

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

BSP:C1CI34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 5.6   Med: 11.71   Max: 16.24
Current: 6.28

During the past years, Crown Castle's highest Cyclically Adjusted PS Ratio was 16.24. The lowest was 5.60. And the median was 11.71.

BSP:C1CI34's Cyclically Adjusted PS Ratio is ranked worse than
59.51% of 489 companies
in the REITs industry
Industry Median: 4.97 vs BSP:C1CI34: 6.28

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. 2024 was R$4.696. 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 R$19.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crown Castle Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Crown Castle Cyclically Adjusted PS Ratio Chart

Crown Castle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.89 13.52 15.79 9.28 7.45

Crown Castle Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 8.96 7.49 5.98 7.45 6.71

Competitive Comparison of Crown Castle's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=129.22/19.51
=6.62

* 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.

Crown Castle's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Crown Castle's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.696/131.7762*131.7762
=4.696

Current CPI (Mar. 2024) = 131.7762.

Crown Castle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.474 100.560 1.932
201409 1.566 100.428 2.055
201412 1.831 99.070 2.435
201503 2.121 99.621 2.806
201506 2.097 100.684 2.745
201509 2.685 100.392 3.524
201512 2.739 99.792 3.617
201603 2.579 100.470 3.383
201606 2.433 101.688 3.153
201609 2.384 101.861 3.084
201612 2.453 101.863 3.173
201703 2.194 102.862 2.811
201706 2.336 103.349 2.979
201709 2.097 104.136 2.654
201712 2.301 104.011 2.915
201803 2.597 105.290 3.250
201806 3.014 106.317 3.736
201809 3.395 106.507 4.200
201812 3.173 105.998 3.945
201903 3.242 107.251 3.983
201906 3.337 108.070 4.069
201909 3.651 108.329 4.441
201912 3.501 108.420 4.255
202003 4.153 108.902 5.025
202006 4.458 108.767 5.401
202009 4.676 109.815 5.611
202012 4.425 109.897 5.306
202103 4.831 111.754 5.697
202106 4.585 114.631 5.271
202109 4.920 115.734 5.602
202112 5.388 117.630 6.036
202203 4.994 121.301 5.425
202206 5.042 125.017 5.315
202209 5.274 125.227 5.550
202212 5.330 125.222 5.609
202303 5.320 127.348 5.505
202306 5.220 128.729 5.344
202309 4.742 129.860 4.812
202312 4.725 129.419 4.811
202403 4.696 131.776 4.696

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


Crown Castle  (BSP:C1CI34) 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

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


Crown Castle (BSP:C1CI34) Business Description

Industry
Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
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

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