P/E ratio for Simon Property Group (SPG)
P/E ratio as of June 2023 (TTM): 16.1
According to Simon Property Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.147. At the end of 2021 the company had a P/E ratio of 23.4.
P/E ratio history for Simon Property Group from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 23.4 | -1.4% |
| 2020 | 23.7 | 8.3% |
| 2019 | 21.9 | 2.47% |
| 2018 | 21.3 | -22.32% |
| 2017 | 27.5 | -9.21% |
| 2016 | 30.3 | -17.34% |
| 2015 | 36.6 | -9.11% |
| 2014 | 40.3 | 19.34% |
| 2013 | 33.8 | 7.6% |
| 2012 | 31.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Nike NKE | 30.8 | 90.69% | 🇺🇸 USA |
 Phillips-Van Heusen
PVH | 25.8 | 59.60% | 🇺🇸 USA |
 Ralph Lauren RL | 14.9 | -7.91% | 🇺🇸 USA |
 Target TGT | 22.1 | 36.95% | 🇺🇸 USA |
 Bed Bath & Beyond BBBY | -0.0049 | -100.03% | 🇺🇸 USA |
 Dick's Sporting Goods
DKS | 9.53 | -40.99% | 🇺🇸 USA |
 Dillard's
DDS | 6.15 | -61.94% | 🇺🇸 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.