Prologis
PLD
#159
Rank
C$146.46 B
Marketcap
$158.14
Share price
0.38%
Change (1 day)
8.56%
Change (1 year)

P/E ratio for Prologis (PLD)

P/E ratio as of November 2024 (TTM): 34.8

According to Prologis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.816. At the end of 2022 the company had a P/E ratio of 25.7.

P/E ratio history for Prologis from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202225.7-39.16%
202142.3-14.26%
202049.337.26%
201935.975.68%
201820.5-2%
201720.9-9.44%
201623.1-10.84%
201525.9-24.89%
201434.4-36.65%
201354.3-126.8%
2012-203190.72%
2011-69.71056.7%
2010-6.03-82.78%
2009-35.03.12%
2008-33.9-278.08%
200719.1-22.28%
200624.548.62%
200516.5-41.17%
200428.025.4%
200322.4-37.87%
200236.098%
200118.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
62.1 78.40%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
52.2 49.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-5.62-116.14%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.