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American Tower Corporation (AMT)
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American Tower Corporation (AMT) PB Ratio: 24.59

Is American Tower Corporation’s P/B ratio high or low?

American Tower Corporation's P/B ratio of 24.59 is 12% above its 5-year average of 21.94, around the middle of its 5-year range (12.14–32.97).

The P/B ratio for American Tower Corporation (AMT) is 24.59. It is above its 12-month average by 3.20% (23.83).

AMT PB Ratio Chart

AMT PB Ratio
24.59-13.57% 1Y
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AMT Average PB Ratio Chart

AMT Current vs Average PB Ratio Chart

AMT PB Ratio Metrics

PB RATIO

24.59

PB RATIO AVG TTM

23.83

PB RATIO AVG 3Y

23.16

PB RATIO AVG 5Y

21.94

PB RATIO AVG 10Y

18.83

PB RATIO AVG 15Y

15.16

PB RATIO AVG 20Y

12.58

CURRENT VS TTM AVG

+3.20%

CURRENT VS 3Y AVG

+6.17%

CURRENT VS 5Y AVG

+12.08%

CURRENT VS 10Y AVG

+30.56%

CURRENT VS 15Y AVG

+62.23%

CURRENT VS 20Y AVG

+95.51%

AMT Competitors' PB Ratio

NAMEMARKET CAPPB RATIOTTM3Y5Y
American Tower Corporation (AMT)$89.65B24.5923.8323.1621.94
Equinix, Inc. (EQIX)$102.40B7.176.046.166.11
Simon Property Group, Inc. (SPG)$69.02B14.1920.6417.9815.85
Digital Realty Trust, Inc. (DLR)$63.53B2.732.662.512.36
Realty Income Corporation (O)$57.93B1.441.391.291.46
Public Storage (PSA)$56.87B6.185.435.325.58
Prologis, Inc. (PLD)$135.93B2.612.262.172.47
Crown Castle Inc. (CCI)$40.76BN/A7.787.787.88
VICI Properties Inc. (VICI)$30.59B1.081.171.231.32
Welltower Inc. (WELL)$149.22B3.513.302.662.40

P/B vs. its own history

At 24.59, P/B is richer than usual — richer than 89% of its 20-year range.

20-year low

2.70

median

9.01

20-year high

33.28

cheaperricher

Book Value Analysis

P/B Ratio

24.59

Market Price / Book Value per Share

American Tower Corporation PB Ratio Formula & Definition

PB Ratio = Market Cap / Total Shareholders' Equity

The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

American Tower Corporation PB Ratio FAQ

What is the P/B ratio for American Tower Corporation (AMT)?
The P/B ratio for AMT stock is 24.59.
Is American Tower Corporation's P/B ratio high or low?
American Tower Corporation's P/B ratio of 24.59 is 12% above its 5-year average of 21.94, around the middle of its 5-year range (12.14–32.97).
What is the TTM average P/B ratio for American Tower Corporation (AMT)?
The TTM average P/B ratio for AMT stock is 23.83.
What is the 3Y average P/B ratio for American Tower Corporation (AMT)?
The 3Y average P/B ratio for AMT stock is 23.16.
What is the 5Y average P/B ratio for American Tower Corporation (AMT)?
The 5Y average P/B ratio for AMT stock is 21.94.
What is the 10Y average P/B ratio for American Tower Corporation (AMT)?
The 10Y average P/B ratio for AMT stock is 18.83.
What is the 15Y average P/B ratio for American Tower Corporation (AMT)?
The 15Y average P/B ratio for AMT stock is 15.16.
What is the 20Y average P/B ratio for American Tower Corporation (AMT)?
The 20Y average P/B ratio for AMT stock is 12.58.

American Tower Corporation PB Ratio History

DATEPB RATIO
2026-06-1024.59
2026-06-0924.39
2026-06-0824.17
2026-06-0524.81
2026-06-0424.78
2026-06-0323.29
2026-06-0223.71
2026-06-0123.97
2026-05-2923.90
2026-05-2823.86
2026-05-2723.64
2026-05-2623.64
2026-05-2223.50
2026-05-2123.49
2026-05-2023.52
2026-05-1923.39
2026-05-1822.66
2026-05-1521.81
2026-05-1421.79
2026-05-1322.22
2026-05-1222.86
2026-05-1122.68
2026-05-0822.56
2026-05-0722.98
2026-05-0623.03
2026-05-0522.77
2026-05-0423.12
2026-05-0123.21
2026-04-3023.35
2026-04-2922.77
2026-04-2822.80
2026-04-2722.52
2026-04-2422.89
2026-04-2322.99
2026-04-2222.65
2026-04-2122.45
2026-04-2023.33
2026-04-1723.42
2026-04-1622.94
2026-04-1522.73
2026-04-1422.66
2026-04-1323.24
2026-04-1023.03
2026-04-0923.11
2026-04-0822.63
2026-04-0722.36
2026-04-0622.62
2026-04-0222.31
2026-04-0121.97
2026-03-3122.17
2026-03-3021.88
2026-03-2721.77
2026-03-2621.70
2026-03-2521.48
2026-03-2421.88
2026-03-2322.67
2026-03-2022.71
2026-03-1923.47
2026-03-1823.21
2026-03-1723.77
2026-03-1623.72
2026-03-1323.69
2026-03-1223.10
2026-03-1123.49
2026-03-1023.91
2026-03-0923.97
2026-03-0624.22
2026-03-0524.10
2026-03-0424.51
2026-03-0324.44
2026-03-0224.43
2026-02-2724.64
2026-02-2623.76
2026-02-2523.44
2026-02-2424.43
2026-02-2322.54
2026-02-2022.22
2026-02-1921.92
2026-02-1822.14
2026-02-1722.90
2026-02-1322.79
2026-02-1222.32
2026-02-1121.41
2026-02-1021.17
2026-02-0920.60
2026-02-0620.32
2026-02-0520.34
2026-02-0420.94
2026-02-0320.54
2026-02-0220.60
2026-01-3021.27
2026-01-2921.51
2026-01-2821.06
2026-01-2721.36
2026-01-2621.29
2026-01-2321.20
2026-01-2220.99
2026-01-2121.13
2026-01-2021.08
2026-01-1621.77
2026-01-1521.53
2026-01-1421.05
2026-01-1320.63
2026-01-1220.35
2026-01-0919.99
2026-01-0820.20
2026-01-0720.10
2026-01-0620.86
2026-01-0520.91
2026-01-0220.73
2025-12-3120.83
2025-12-3020.96
2025-12-2920.86
2025-12-2620.93
2025-12-2420.73
2025-12-2320.70
2025-12-2220.46
2025-12-1920.45
2025-12-1820.67
2025-12-1721.17
2025-12-1621.25
2025-12-1521.38
2025-12-1221.43
2025-12-1121.55
2025-12-1021.38
2025-12-0921.30
2025-12-0821.73
2025-12-0521.22
2025-12-0421.21
2025-12-0320.90
2025-12-0220.85
2025-12-0120.91
2025-11-2821.50
2025-11-2621.50
2025-11-2521.32
2025-11-2421.30
2025-11-2121.30
2025-11-2021.25
2025-11-1921.41
2025-11-1821.53
2025-11-1721.41
2025-11-1421.78
2025-11-1321.49
2025-11-1221.75
2025-11-1121.92
2025-11-1021.32
2025-11-0721.11
2025-11-0621.12
2025-11-0521.28
2025-11-0421.39
2025-11-0320.95
2025-10-3121.23
2025-10-3021.29
2025-10-2921.24
2025-10-2821.67
2025-10-2723.95
2025-10-2424.18
2025-10-2324.02
2025-10-2224.14
2025-10-2124.29
2025-10-2024.38
2025-10-1724.15
2025-10-1624.17
2025-10-1523.99
2025-10-1423.55
2025-10-1323.13
2025-10-1023.57
2025-10-0923.40
2025-10-0823.43
2025-10-0723.60
2025-10-0623.43
2025-10-0324.01
2025-10-0224.13
2025-10-0124.41
2025-09-3024.28
2025-09-2924.56
2025-09-2624.53
2025-09-2524.45
2025-09-2424.36
2025-09-2324.53
2025-09-2224.39
2025-09-1924.40
2025-09-1824.37
2025-09-1724.90
2025-09-1624.58
2025-09-1524.30
2025-09-1224.63
2025-09-1124.81
2025-09-1024.46
2025-09-0924.57
2025-09-0824.45
2025-09-0525.04
2025-09-0424.63
2025-09-0324.78
2025-09-0225.31
2025-08-2925.73
2025-08-2825.57
2025-08-2725.66
2025-08-2626.19
2025-08-2526.65
2025-08-2226.75
2025-08-2126.48
2025-08-2026.45
2025-08-1926.09
2025-08-1825.64
2025-08-1526.02
2025-08-1425.69
2025-08-1325.77
2025-08-1225.83
2025-08-1126.02
2025-08-0826.07
2025-08-0726.51
2025-08-0626.37
2025-08-0526.52
2025-08-0426.89
2025-08-0126.78
2025-07-3126.31
2025-07-3026.35
2025-07-2927.11
2025-07-2829.72
2025-07-2530.47
2025-07-2430.65
2025-07-2330.51
2025-07-2230.80
2025-07-2130.02
2025-07-1829.79
2025-07-1729.56
2025-07-1629.61
2025-07-1529.02
2025-07-1429.40
2025-07-1129.06
2025-07-1029.29
2025-07-0929.40
2025-07-0829.25
2025-07-0729.16
2025-07-0329.39
2025-07-0229.53
2025-07-0129.75
2025-06-3029.30
2025-06-2728.87
2025-06-2628.83
2025-06-2529.19
2025-06-2429.68
2025-06-2329.38
2025-06-2028.83
2025-06-1828.56
2025-06-1728.52
2025-06-1628.49
2025-06-1328.47
2025-06-1228.85
2025-06-1128.41
2025-06-1028.45
2025-06-0928.21
2025-06-0628.17
2025-06-0528.66
2025-06-0428.41
2025-06-0328.28
2025-06-0228.38
2025-05-3028.45
2025-05-2928.33

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About American Tower Corporation

American Tower Corporation, a prominent global Real Estate Investment Trust (REIT), stands as a premier independent entity specializing in the ownership, operation, and development of shared telecommunications infrastructure. The company manages an extensive portfolio of approximately 219,000 communication sites worldwide. For additional details, including earnings materials and investor presentations, please visit their investor relations website at www.americantower.com.

Boston, MA
4,691 employees
Real Estate / REIT - Specialty
Sector
Real Estate
Industry
REIT - Specialty
CEO
Steven O. Vondran