Simon Property Group
SPG
#307
Rank
ยฃ47.26 B
Marketcap
ยฃ126.07
Share price
0.88%
Change (1 day)
34.14%
Change (1 year)

P/E ratio for Simon Property Group (SPG)

P/E ratio as of September 2024 (TTM): 24.6

According to Simon Property Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.637. At the end of 2022 the company had a P/E ratio of 18.0.

P/E ratio history for Simon Property Group from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202218.0-22.86%
202123.4-1.4%
202023.78.3%
201921.92.47%
201821.3-22.32%
201727.5-9.21%
201630.3-17.34%
201536.6-9.11%
201440.319.34%
201333.87.6%
201231.4-10.02%
201134.9-22.13%
201044.8-35.58%
200969.5165%
200826.2-36.23%
200741.1-3.75%
200642.79.35%
200539.1-5.6%
200441.458.8%
200326.164.87%
200215.8-48.89%
200130.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
32.0 29.96%๐Ÿ‡บ๐Ÿ‡ธ USA
22.9-7.23%๐Ÿ‡บ๐Ÿ‡ธ USA
20.8-15.68%๐Ÿ‡บ๐Ÿ‡ธ USA
7.50-69.56%๐Ÿ‡บ๐Ÿ‡ธ USA
24.3-1.40%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0049-100.02%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1-30.49%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.