Crown Castle Inc. (CCI) Stock Valuation — PE Analysis
REIT - Specialty · NYSE
Current Price
$92.16
PE Ratio (TTM)
37.9x
Intrinsic Value
$158.56
+41.9% margin of safety
COMPETITIVE MOAT
↑Tower Network Density
Crown Castle's extensive network of towers across the U.S. creates significant barriers to entry for competitors. This dense infrastructure is difficult and costly to replicate.
↑Long-Term Leases
The company benefits from long-term, non-cancellable leases with major wireless carriers. This provides predictable and stable revenue streams for many years.
↑Fiber Network Integration
CCI's integrated fiber network complements its tower assets, offering a more comprehensive solution for carriers. This synergy enhances its value proposition.
INVESTMENT RISKS
↓Customer Concentration
Reliance on a few large wireless carriers for a significant portion of revenue poses a risk. Any consolidation or strategic shifts by these customers could impact CCI.
↓Interest Rate Sensitivity
As a REIT, Crown Castle is sensitive to rising interest rates, which can increase borrowing costs and impact property valuations. This affects profitability and growth.
↓Competition from Alternatives
Emerging technologies or alternative infrastructure solutions could potentially reduce demand for traditional cell towers. This necessitates continuous innovation and adaptation.
Base case
CCI base case PE valuation
A base case PE valuation for CCI estimates a fair value of about $158.56 per share, against a current price of $92.16. The model assumes 20.0% annual earnings growth, a 38x target PE multiple, and a 10% discount rate.
Intrinsic Value
$158.56
Margin of safety
+41.9%
Expected annual return
+11.5%
Base case assumptions: 20.0% annual earnings growth, 38x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
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)
37.9x
PEG Ratio
0.09
Earnings Yield
2.64%
ROE (TTM)
-65.9%
Revenue/Share (TTM)
$9.67
Dividend Yield
4.61%
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 37.9x combined with a PEG ratio of 0.09 provides a growth-adjusted perspective. A PEG below 1.0 suggests CCI may be undervalued relative to its 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 (37.9x) against the REIT - Specialty median to assess relative pricing, (2) check the PEG ratio (0.09) 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 0.09, calculated by dividing the PE ratio (37.9x) by the expected earnings growth rate. A PEG below 1.0 is traditionally considered a sign of undervaluation — the market may not be fully pricing in the growth potential. 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 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.