Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 24.09 as of 2026-09-12T00:15:56.608Z.
Consensus retrieved: 2026-09-10T03:41:00.406Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-12T00:15:56.608Z.
Quote observation: 2026-09-11T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 7e64dc7b1b1ca159e01df119faa7ff25bbaf09da387e1cee7feb5764aba1b386
Forward PE Ratio (24.09) = Dated Quote Price ($185.47) / Consensus Forward EPS ($7.70)
FORWARD PE RATIO
24.09
SECTOR MEDIAN · REAL ESTATE
31.61
median of 36 covered companies
CURRENT VS SECTOR MEDIAN
-23.80%
vs the sector median at left
SBA Communications Corporation
Market Cap
$19.67B
Forward PE Ratio
24.09
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| SBA Communications Corporation (SBAC) | $19.67B | 24.09 |
| Essex Property Trust, Inc. (ESS)vs › | $17.54B | 48.29 |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 27.38 |
| Weyerhaeuser Company (WY)vs › | $15.91B | 67.14 |
| Kimco Realty Corporation (KIM)vs › | $15.64B | 27.69 |
| Equity Residential (EQR)vs › | $23.87B | 44.91 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.23B | 16.16 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $14.52B | 33.85 |
| Sun Communities, Inc. (SUI)vs › | $14.11B | N/A |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 45.29 |
Trailing P/E
20.0
reported TTM EPS
Forward P/E
24.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $7.70 implies -17.1% EPS decline vs the reported trailing $9.29.
At the dated quote price of $185.47, 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 | $7.70 | $7.66 – $7.73 | 9 | 24.1x |
| 2027-12-31 | $8.39 | $7.86 – $8.76 | 9 | 22.1x |
| 2028-12-31 | $9.36 | $8.04 – $9.87 | 10 | 19.8x |
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
