Question 1

What is BXP's P/E ratio?

Accepted Answer

BXP (BXP) P/E ratio is 33.7× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for BXP?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For BXP specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is BXP's P/E ratio high or low?

Accepted Answer

BXP's P/E ratio of 33.7× is below its own 5-year average of 197.4× and above the sector median of 28.1×. That places the current reading at the 46th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is BXP's historical P/E ratio range?

Accepted Answer

In the available daily series, BXP (BXP) P/E ratio has ranged from a low of 6.3× in 2003 to a high of 2540.8× in 2025. The 5-year average is 197.4× and the 5-year median is 37.8×.

Question 7

What was BXP's P/E ratio in 2025?

Accepted Answer

BXP (BXP) P/E ratio at the end of 2025 was 38.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does BXP's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$10.7B	$277M	38.8×	-781.6×	Dec 31, 2025
2024	$11.7B	$14.3M	820.4×	+762.6×	Dec 31, 2024
2023	$11B	$190M	57.9×	+45.4×	Dec 31, 2023
2022	$10.6B	$849M	12.5×	-23.2×	Dec 31, 2022
2021	$18B	$505M	35.6×	+18.8×	Dec 31, 2021
2020	$14.7B	$872M	16.9×	-24.0×	Dec 31, 2020
2019	$21.3B	$522M	40.9×	+11.1×	Dec 31, 2019
2018	$17.4B	$583M	29.8×	-13.6×	Dec 31, 2018
2017	$20.1B	$462M	43.4×	+5.6×	Dec 31, 2017
2016	$19.3B	$511M	37.9×	+4.3×	Dec 31, 2016
2015	$19.6B	$583M	33.6×	-10.9×	Dec 31, 2015
2014	$19.7B	$443M	44.5×	+24.0×	Dec 31, 2014
2013	$15.3B	$750M	20.5×	-31.6×	Dec 31, 2013
2012	$16B	$307M	52.1×	-1.9×	Dec 31, 2012
2011	$14.7B	$273M	53.9×	-21.9×	Dec 31, 2011
2010	$12.1B	$159M	75.8×	+35.5×	Dec 31, 2010
2009	$9.31B	$231M	40.3×	-12.7×	Dec 31, 2009
2008	$6.64B	$125M	53.0×	+44.8×	Dec 31, 2008
2007	$10.9B	$1.32B	8.3×	-6.7×	Dec 31, 2007
2006	$13.1B	$874M	15.0×	-4.0×	Dec 31, 2006
2005	$8.33B	$438M	19.0×	-5.9×	Dec 31, 2005
2004	$7.07B	$284M	24.9×	+12.0×	Dec 31, 2004
2003	$4.72B	$366M	12.9×	+5.0×	Dec 31, 2003
2002	$3.51B	$444M	7.9×	—	Dec 31, 2002


Realty Income (O)	49.4×
Digital Realty Trust (DLR)	45.1×
Weyerhaeuser (WY)	44.4×
Agree Realty (ADC)	41.1×
Mid-America Apartment Communities (MAA)	36.5×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Prologis (PLD)	30.0×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Camden Property Trust (CPT)	26.4×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for BXP (BXP) 2002-2026

P/E Ratio daily chart for BXP (BXP)

Historical P/E Ratio for BXP (BXP) from 2002 to 2025

About P/E Ratio at BXP (BXP)

BXP P/E Ratio by Year

BXP P/E Ratio 2025: 38.8×

BXP P/E Ratio 2024: 820.4×

BXP P/E Ratio 2023: 57.9×

BXP P/E Ratio 2022: 12.5×

BXP P/E Ratio 2021: 35.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

BXP (BXP) Key Financials