Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 37.50 as of Sunday, July 26, 2026.
Forward PE Ratio (37.50) = Close Price ($74.90) / Consensus Forward EPS ($2.00)
FORWARD PE RATIO
37.50
SECTOR MEDIAN · REAL ESTATE
35.81
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+4.70%
vs the sector median at left
Crown Castle Inc.
Market Cap
$32.73B
Forward PE Ratio
37.50
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Crown Castle Inc. (CCI) | $32.73B | 37.50 |
| Extra Space Storage Inc. (EXR)vs › | $31.21B | 32.00 |
| VICI Properties Inc. (VICI)vs › | $28.58B | 9.07 |
| Iron Mountain Incorporated (IRM)vs › | $38.18B | 54.07 |
| AvalonBay Communities, Inc. (AVB)vs › | $26.94B | 31.40 |
| Equity Residential (EQR)vs › | $25.44B | 46.63 |
| CBRE Group, Inc. (CBRE)vs › | $40.84B | 18.07 |
| Essex Property Trust, Inc. (ESS)vs › | $18.86B | 49.28 |
| SBA Communications Corporation (SBAC)vs › | $18.41B | 23.36 |
| Invitation Homes Inc. (INVH)vs › | $17.69B | 38.58 |
Trailing P/E
30.4
reported TTM EPS
Forward P/E
37.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.00 implies -18.7% EPS decline vs the reported trailing $2.46.
At today's $74.90 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.00 | $1.96 – $2.06 | 9 | 37.5x |
| 2027-12-31 | $2.86 | $2.61 – $3.12 | 9 | 26.2x |
| 2028-12-31 | $3.02 | $2.21 – $3.92 | 12 | 24.8x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
