CCO Historical PE Ratio Notes

— Clear Channel Outdoor Holdings, Inc. (CCO) is a leading out-of-home advertising company, operating billboard, transit, airport, and street furniture advertising displays across the United States & internationally. Its business model is heavily exposed to advertising spending cycles, as its revenues depend on advertisers' willingness & budgets to buy space on CCO's physical & digital displays. This means CCO's earnings can be highly sensitive to economic conditions—in boom cycles, demand & rates typically rise, while downturns (like recessions or disruptions such as the COVID-19 pandemic) often depress advertising revenues, impacting profits. When reviewing CCO's historical price, earnings, and price-to-earnings (PE) ratio data, keep in mind that the PE ratio has often been volatile or even negative (if the company was experiencing net losses), reflecting the underlying instability of earnings. Investors and analysts tend to pay particular attention to forward-looking earnings potential, making CCO's PE ratio more cyclical than companies in less economically sensitive industries. Prior periods of restructuring, heavy debt burdens, asset sales, or shifts in the ad market can also create distortions in PE history, so use context when interpreting these numbers for investment decisions.

On this page we presented the CCO Historical PE Ratio information for Clear Channel Outdoor' stock. The average CCO historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 38.3. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average CCO historical PE based on this TTM earnings result method is 68.4. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this CCO historical PE result, against the recent PE: when this page was posted on 8/12/2026, the most recent closing price for CCO had been 2.41, and the most recent quarterly earnings result, annualized, was 0.08. Meanwhile, the most recent TTM earnings summed to 0.21. From these numbers, we calculate the recent CCO PE on 8/12/2026 based on annualized quarterly EPS was 30.1. Based on CCO's history, that recent PE is low relative to the historical average, with the recent PE 21.4% lower than the historical average PE across our data set for Clear Channel Outdoor. Looking at the recent CCO PE on 8/12/2026 based on TTM EPS, we calculate the ratio at 11.5. Based on CCO's history, that recent PE is low relative to the historical average, with the recent PE 83.2% lower than the average PE across our Clear Channel Outdoor data set with TTM EPS used in the calculation at each period.

For self directed investors doing their due diligence on CCO or any other given stock, valuation analysis for CCO can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Clear Channel Outdoor PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for CCO. Thanks for visiting, and the next time you need to research CCO Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.