American Tower is an American operator of wireless communication equipment. The company has more than 170,000 transmission systems for data transmission and communication, mostly masts, in 17 countries worldwide.
According to American Tower's latest financial reports the company has a price-to-book ratio of 8.74278. The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.