According to SBA Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.6035. At the end of 2022 the company had a P/E ratio of 65.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 65.5 | -63.3% |
2021 | 178 | -86.08% |
2020 | > 1000 | 591.78% |
2019 | 185 | -53.05% |
2018 | 395 | 110.29% |
2017 | 188 | 10.92% |
2016 | 169 | -320.72% |
2015 | -76.7 | -87.05% |
2014 | -592 | 190.09% |
2013 | -204 | 325.74% |
2012 | -48.0 | 27.27% |
2011 | -37.7 | 54.64% |
2010 | -24.4 | -14.39% |
2009 | -28.5 | 6.4% |
2008 | -26.8 | -40.7% |
2007 | -45.1 | 119.86% |
2006 | -20.5 | 47.9% |
2005 | -13.9 | 267.83% |
2004 | -3.77 | 216.04% |
2003 | -1.19 | 1454.66% |
2002 | -0.0768 | -98.24% |
2001 | -4.35 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.