Question 1

What is Simon Property Group's P/E ratio?

Accepted Answer

Simon Property Group (SPG) P/E ratio is 15.7× 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 Simon Property Group?

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 Simon Property Group specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Simon Property Group's P/E ratio high or low?

Accepted Answer

Simon Property Group's P/E ratio of 15.7× is below its own 5-year average of 20.0× and below the sector median of 28.1×. That places the current reading at the 13th 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 Simon Property Group's historical P/E ratio range?

Accepted Answer

In the available daily series, Simon Property Group (SPG) P/E ratio has ranged from a low of 8.4× in 2020 to a high of 106.9× in 2010. The 5-year average is 20.0× and the 5-year median is 19.4×.

Question 7

What was Simon Property Group's P/E ratio in 2025?

Accepted Answer

Simon Property Group (SPG) P/E ratio at the end of 2025 was 13.1×. 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 Simon Property Group'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	$60.3B	$4.61B	13.1×	-10.6×	Dec 31, 2025
2024	$56.2B	$2.37B	23.7×	+3.3×	Dec 31, 2024
2023	$46.5B	$2.28B	20.4×	+2.4×	Dec 31, 2023
2022	$38.4B	$2.14B	18.0×	-5.4×	Dec 31, 2022
2021	$52.5B	$2.25B	23.3×	-1.8×	Dec 31, 2021
2020	$28B	$1.11B	25.2×	+3.4×	Dec 31, 2020
2019	$45.8B	$2.1B	21.8×	+0.5×	Dec 31, 2019
2018	$52B	$2.44B	21.3×	-6.1×	Dec 31, 2018
2017	$53.4B	$1.95B	27.4×	-2.9×	Dec 31, 2017
2016	$55.7B	$1.84B	30.3×	+0.3×	Dec 31, 2016
2015	$60.2B	$2B	30.0×	-10.2×	Dec 31, 2015
2014	$56.6B	$1.41B	40.2×	+6.5×	Dec 31, 2014
2013	$44.4B	$1.32B	33.7×	+1.6×	Dec 31, 2013
2012	$46B	$1.43B	32.1×	-2.7×	Dec 31, 2012
2011	$35.6B	$1.02B	34.8×	-9.7×	Dec 31, 2011
2010	$27.4B	$617M	44.4×	-24.5×	Dec 31, 2010
2009	$21.3B	$309M	68.9×	+44.4×	Dec 31, 2009
2008	$11.4B	$464M	24.5×	-12.6×	Dec 31, 2008
2007	$18.2B	$491M	37.1×	+0.1×	Dec 31, 2007
2006	$20.9B	$564M	37.0×	+3.5×	Dec 31, 2006
2005	$15.9B	$476M	33.5×	-4.2×	Dec 31, 2005
2004	$12.9B	$343M	37.7×	+14.4×	Dec 31, 2004
2003	$8.61B	$369M	23.3×	+10.0×	Dec 31, 2003
2002	$5.97B	$446M	13.4×	—	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×
BXP (BXP)	26.0×
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×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Simon Property Group (SPG) 2002-2026

P/E Ratio daily chart for Simon Property Group (SPG)

Historical P/E Ratio for Simon Property Group (SPG) from 2002 to 2025

About P/E Ratio at Simon Property Group (SPG)

Simon Property Group P/E Ratio by Year

Simon Property Group P/E Ratio 2025: 13.1×

Simon Property Group P/E Ratio 2024: 23.7×

Simon Property Group P/E Ratio 2023: 20.4×

Simon Property Group P/E Ratio 2022: 18.0×

Simon Property Group P/E Ratio 2021: 23.3×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Simon Property Group (SPG) Key Financials