Crown Castle Inc. (CCI) Stock Valuation — PE Analysis
REIT - Specialty · NYSE
Current Price
$69.01
PE Ratio (TTM)
27.9x
Intrinsic Value
$58.17
-18.6% margin of safety
COMPETITIVE MOAT
↑Extensive U.S. Fiber Network
Crown Castle possesses a vast and dense fiber network across major U.S. markets. This infrastructure is difficult and costly for competitors to replicate, creating a significant barrier to entry.
↑Long-Term Customer Contracts
The company benefits from long-term, non-cancellable contracts with major wireless carriers. These agreements provide predictable revenue streams and high customer stickiness.
↑Scale and Site Density
Crown Castle's large portfolio of towers and distributed antenna systems (DAS) offers economies of scale. This density allows for efficient deployment and service to multiple customers at each location.
INVESTMENT RISKS
↓Interest Rate Sensitivity
As a REIT, Crown Castle's profitability and valuation are sensitive to changes in interest rates. Higher rates increase borrowing costs and can make dividend yields less attractive relative to bonds.
↓Technological Obsolescence
While AI is seen as a positive, rapid advancements in wireless technology could eventually reduce the need for traditional tower infrastructure if new deployment models emerge.
↓Regulatory and Permitting Hurdles
Expansion and new deployments are subject to complex local zoning laws and permitting processes. Delays or denials can hinder growth and increase capital expenditure timelines.
Base case
CCI base case PE valuation
At a current price of $69.01, the base case PE valuation puts CCI fair value near $58.17 per share. That figure assumes 2.4% yearly earnings growth, a target PE multiple of 27.83x, and a 10% discount rate.
Intrinsic Value
$58.17
Margin of safety
-18.6%
Expected annual return
-3.4%
Base case assumptions: 2.4% annual earnings growth, 27.83x target PE, 10% discount rate, 5 year projection. Data as of 2026-10-07.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the CCI PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Crown Castle Inc. respond.
Open PE Calculator for CCICompany Overview
Crown Castle Inc. specializes in critical digital infrastructure across the United States. The company actively manages, operates, and leases an expansive network, featuring over 40,000 cellular communication towers and approximately 80,000 miles of fiber optic cable. This comprehensive infrastructure underpins both small cell deployments and various advanced fiber solutions, spanning every significant U.S. metropolitan area. Through these vital connections, Crown Castle links communities and urban centers to essential data, cutting-edge technology, and indispensable wireless services, thereby delivering crucial information, innovative concepts, and communication capabilities to individuals and enterprises alike. More information can be found at www.crowncastle.com.
Financial Metrics — CCI PE Stock Valuation Data
PE Ratio (TTM)
27.9x
PEG Ratio
0.07
Earnings Yield
3.60%
ROE (TTM)
-51.7%
Revenue/Share (TTM)
$9.61
Dividend Yield
6.16%
Debt/Equity
n/m
Frequently Asked Questions
What is the PE ratio of CCI?
The trailing twelve-month PE ratio of CCI reflects how much investors pay per dollar of Crown Castle Inc.'s earnings. This metric is most useful when compared to REIT - Specialty peers and the company's own historical range.
Is CCI overvalued based on PE ratio?
CCI's PE of 27.9x combined with a PEG ratio of 0.07 provides a growth-adjusted perspective. A PEG below 1.0 means the P/E is low relative to the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical REIT - Specialty, a DCF analysis may be more appropriate.
How do I value CCI stock using PE ratio?
To value Crown Castle Inc. using PE: (1) Compare the current PE (27.9x) against the REIT - Specialty median to assess relative pricing, (2) check the PEG ratio (0.07) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of CCI?
CCI's PEG ratio is 0.07, calculated by dividing the PE ratio (27.9x) by the expected earnings growth rate. A PEG below 1.0 means the P/E is low relative to the expected earnings growth rate. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for CCI stock valuation?
PE ratio gives a quick relative read — how CCI is priced versus REIT - Specialty peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See CCI DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Real Estate valuationsP/E and DCF value CCI with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-10-07. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.