SBA Communications Corp (SBAC) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equ...
SBA Communications Corp (SBAC) currently trades at a P/E ratio of 20.03 (historical range: 16.92–148.05, median: 45.81), placing it at the 6th percentile — cheap relative to its history, P/S ratio of 6.91 (range: 5.84–19.23, 6th percentile — cheap relative to its history), EV/EBITDA of 25.39 (range: 19.95–73.70, 25th percentile).
Over the historical period (2021-09-14 to 2026-10-16), SBA Communications Corp's P/E ratio has contracted by 64% over the observed period (from an average of 81.8 to 29.7).
SBA Communications Corp trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 20.03 | 45.81 | 6th | cheap relative to its history |
| P/S Ratio | 6.91 | 9.09 | 6th | cheap relative to its history |
| EV/EBITDA | 25.39 | 33.29 | 25th | below its historical average |
| FCF Yield | 5.29% | 4.65% | 79th | below its historical average |
SBA Communications Corp (SBAC) Valuation & P/E History
SBA Communications Corp (SBAC) is a US-listed stock operating in the Real Estate sector, specifically the Real Estate Investment Trusts industry currently trading at $187.06 with a market capitalization of $19.8 billion. This page provides historical valuation analysis for SBAC based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 20.03 is below the historical median of 45.81, placing SBAC at the 6th percentile of its valuation range. The P/S ratio of 6.91 compares to a median of 9.09.
SBAC Valuation Metrics & Historical Range
The valuation table above shows SBA Communications Corp's current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether SBAC is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests SBAC is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for SBA Communications Corp.
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is SBAC Overvalued or Undervalued?
SBA Communications Corp trades well below its historical valuation range across most metrics. The overall valuation percentile of 12 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive SBAC is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full SBAC analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.SBAC trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.