SBA Communications
SBAC
#829
Rank
$23.06 B
Marketcap
$214.71
Share price
1.72%
Change (1 day)
-5.16%
Change (1 year)

P/E ratio for SBA Communications (SBAC)

P/E ratio as of July 2024 (TTM): 46.8

According to SBA Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 46.793. At the end of 2022 the company had a P/E ratio of 65.5.

P/E ratio history for SBA Communications from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202265.5-63.3%
2021178-86.08%
2020> 1000591.78%
2019185-53.05%
2018395110.29%
201718810.92%
2016169-320.72%
2015-76.7-87.05%
2014-592190.09%
2013-204325.74%
2012-48.027.27%
2011-37.754.64%
2010-24.4-14.39%
2009-28.56.4%
2008-26.8-40.7%
2007-45.1119.86%
2006-20.547.9%
2005-13.9267.83%
2004-3.77216.04%
2003-1.191454.66%
2002-0.0768-98.24%
2001-4.35

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-186-497.72%๐Ÿ‡บ๐Ÿ‡ธ USA
139 197.04%๐Ÿ‡บ๐Ÿ‡ธ USA
29.8-36.22%๐Ÿ‡บ๐Ÿ‡ธ USA
8.08-82.74%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.4-126.57%๐Ÿ‡บ๐Ÿ‡ธ USA
-24.2-151.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-173-470.43%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

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.