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Crown Castle (STU:8CW) Cyclically Adjusted Revenue per Share : €14.56 (As of Mar. 2024)


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What is Crown Castle Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2024 was €3.471. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €14.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Crown Castle's average Cyclically Adjusted Revenue Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Crown Castle was 12.10% per year. The lowest was -0.20% per year. And the median was 9.50% per year.

As of today (2024-05-24), Crown Castle's current stock price is €91.50. Crown Castle's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €14.56. Crown Castle's Cyclically Adjusted PS Ratio of today is 6.28.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Crown Castle was 16.24. The lowest was 5.60. And the median was 11.71.


Crown Castle Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Crown Castle's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Crown Castle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 9.37 11.51 13.76 14.07

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 Revenue per Share 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 13.74 13.88 14.53 14.07 14.56

Competitive Comparison of Crown Castle's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

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

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)
=3.471/131.7762*131.7762
=3.471

Current CPI (Mar. 2024) = 131.7762.

Crown Castle Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.941 100.560 2.544
201409 2.079 100.428 2.728
201412 2.248 99.070 2.990
201503 2.495 99.621 3.300
201506 2.401 100.684 3.142
201509 2.451 100.392 3.217
201512 2.592 99.792 3.423
201603 2.505 100.470 3.286
201606 2.530 101.688 3.279
201609 2.612 101.861 3.379
201612 2.774 101.863 3.589
201703 2.624 102.862 3.362
201706 2.524 103.349 3.218
201709 2.246 104.136 2.842
201712 2.361 104.011 2.991
201803 2.569 105.290 3.215
201806 2.737 106.317 3.392
201809 2.833 106.507 3.505
201812 2.873 105.998 3.572
201903 2.988 107.251 3.671
201906 3.064 108.070 3.736
201909 3.219 108.329 3.916
201912 3.070 108.420 3.731
202003 3.077 108.902 3.723
202006 3.052 108.767 3.698
202009 2.941 109.815 3.529
202012 2.828 109.897 3.391
202103 2.881 111.754 3.397
202106 3.027 114.631 3.480
202109 3.169 115.734 3.608
202112 3.373 117.630 3.779
202203 3.645 121.301 3.960
202206 3.780 125.017 3.984
202209 4.063 125.227 4.276
202212 3.837 125.222 4.038
202303 3.816 127.348 3.949
202306 3.971 128.729 4.065
202309 3.599 129.860 3.652
202312 3.537 129.419 3.601
202403 3.471 131.776 3.471

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


Crown Castle  (STU:8CW) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=91.50/14.56
=6.28

* 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 Cyclically Adjusted PS Ratio of Crown Castle was 16.24. The lowest was 5.60. And the median was 11.71.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Crown Castle Cyclically Adjusted Revenue per Share Related Terms

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


Crown Castle (STU:8CW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Crown Castle Inc (STU:8CW) » Definitions » Cyclically Adjusted Revenue per Share
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.

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