As of today (2024-10-31), American Tower's current share price is $213.54. American Tower's E10 for the quarter that ended in Sep. 2024 was $3.79. American Tower's Shiller PE Ratio for today is 56.34.
The historical rank and industry rank for American Tower's Shiller PE Ratio or its related term are showing as below:
AMT'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 43.01 Med: 94.55 Max: 141.91
Current: 56.34
During the past years, American Tower's highest Shiller PE Ratio was 141.91. The lowest was 43.01. And the median was 94.55.
AMT's Shiller PE Ratio is ranked worse than 93.81% of 452
companies
in the REITs industry
Industry Median: 12.47
vs AMT: 56.34
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.
American Tower's adjusted earnings per share data for the three months ended in Sep. 2024 was $-1.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.79 for the trailing ten years ended in Sep. 2024.
Shiller PE for Stocks: The True Measure of Stock Valuation
American Tower Shiller PE Ratio Historical Data
The historical data trend for American Tower's Shiller PE 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.
Competitive Comparison of American Tower's Shiller PE Ratio
For the REIT - Specialty subindustry, American Tower's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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's Shiller PE Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, American Tower's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where American Tower's Shiller PE Ratio falls into.
American Tower Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
American Tower's Shiller PE Ratio for today is calculated as
* 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's E10 for the quarter that ended in Sep. 2024 is calculated as:
For example, American Tower's adjusted earnings per share data for the three months ended in Sep. 2024 was:
Add all the adjusted EPS together and divide 10 will get our E10.
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.
American Tower (NYSE:AMT) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
American Tower Shiller PE Ratio Related Terms
Thank you for viewing the detailed overview of American Tower's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
American Tower owns and operates more than 220,000 cell towers throughout the us, Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 us markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the us, which accounted for almost half of the company's total revenue in 2023. Outside the us, American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as a REIT.
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