P/E ratio for Prologis (PLD)
P/E ratio as of April 2024 (TTM): 32.7
According to Prologis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.6656. 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 |
|---|---|---|
| 2022 | 25.7 | -39.16% |
| 2021 | 42.3 | -14.26% |
| 2020 | 49.3 | 37.26% |
| 2019 | 35.9 | 75.68% |
| 2018 | 20.5 | -2% |
| 2017 | 20.9 | -9.44% |
| 2016 | 23.1 | -10.84% |
| 2015 | 25.9 | -24.89% |
| 2014 | 34.4 | -36.65% |
| 2013 | 54.3 | -126.8% |
| 2012 | -203 | 190.72% |
| 2011 | -69.7 | 1056.7% |
| 2010 | -6.03 | -82.78% |
| 2009 | -35.0 | 3.12% |
| 2008 | -33.9 | -278.08% |
| 2007 | 19.1 | -22.28% |
| 2006 | 24.5 | 48.62% |
| 2005 | 16.5 | -41.17% |
| 2004 | 28.0 | 25.4% |
| 2003 | 22.4 | -37.87% |
| 2002 | 36.0 | 98% |
| 2001 | 18.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Weingarten Realty
WRI | N/A | N/A | 🇺🇸 USA |
 Urban Edge Properties
UE | 44.5 | 36.14% | 🇺🇸 USA |
 Hudson Pacific Properties
HPP | -7.62 | -123.32% | 🇺🇸 USA |
 Cousins Properties
CUZ | 37.1 | 13.63% | 🇺🇸 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.