American Tower Corporation AMT
169.03
1.77
1.06%
as of 25 Sep
- Market cap
- $78.0B
- P/E
- 23.2×
Follow AMT
Indexes
indicate stock being part of an index,
Growth Flags
show if company had growth for consecutive years,
Insider Buys
alert about insiders buying in the last 12 month
American Tower Corporation (AMT) P/B ratio
As of 25 September 2026, American Tower Corporation (AMT) trades at a P/B ratio of 7.7×. Over the past ten years it has ranged from 5.0× (September 2015) to 29.6× (July 2020); the current reading is higher than 27% of that period. That is above the Reit Specialty industry median of 2.2× and above the Real Estate sector median of 1.1×.
P/B ratio, daily
Annual
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 7.9× | (10.63%) |
| FY2024 | 8.9× | (5.42%) |
| FY2023 | 9.4× | 17.55% |
| FY2022 | 8.0× | (45.17%) |
| FY2021 | 14.6× | (33.20%) |
| FY2020 | 21.8× | 17.73% |
| FY2019 | 18.5× | 57.07% |
| FY2018 | 11.8× | 33.19% |
| FY2017 | 8.9× | 36.81% |
| FY2016 | 6.5× | 6.93% |
Quarterly
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 7.4× | (6.20%) |
| Mar 2026 | 7.9× | (0.10%) |
| Dec 2025 | 7.9× | (5.16%) |
| Sep 2025 | 8.4× | (15.29%) |
| 42 more quarters | Free account |
Against its own ten years
Low 5.0×
High 29.6×
Ten-year median
8.9×
Current reading's percentile
27
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| IRM Iron Mountain Incorporated compare | n/m |
| CCI Crown Castle Inc. compare | n/m |
| SBAC SBA Communications Corporation compare | n/m |
| WY Weyerhaeuser Company compare | 1.5× |
| GLPI Gaming and Leisure Properties, Inc. compare | 2.1× |
| DLR Digital Realty Trust, Inc. compare | 2.3× |
| EQIX Equinix, Inc. compare | 6.9× |
| AMT American Tower Corporation | 7.7× |
| LAMR Lamar Advertising Company compare | 14.7× |
| Reit Specialty industry median | 2.2× |
| Real Estate sector median | 1.1× |
| Market median | 1.8× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on AMT
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement