Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 37.70.
Forward PE Ratio (37.70) = Close Price ($137.68) / Consensus Forward EPS ($3.64)
FORWARD PE RATIO
37.70
SECTOR MEDIAN · REAL ESTATE
31.88
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+18.26%
vs the sector median at left
Prologis, Inc.
Market Cap
$128.47B
Forward PE Ratio
37.70
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Prologis, Inc. (PLD) | $128.47B | 37.70 |
| Equinix, Inc. (EQIX)vs › | $102.59B | 60.21 |
| Welltower Inc. (WELL)vs › | $171.82B | 83.14 |
| American Tower Corporation (AMT)vs › | $82.16B | 25.23 |
| Digital Realty Trust, Inc. (DLR)vs › | $70.56B | 69.56 |
| Simon Property Group, Inc. (SPG)vs › | $68.01B | 31.51 |
| Realty Income Corporation (O)vs › | $57.25B | 40.05 |
| Public Storage (PSA)vs › | $56.24B | 30.12 |
| Ventas, Inc. (VTR)vs › | $44.20B | 154.88 |
| CBRE Group, Inc. (CBRE)vs › | $42.06B | 18.87 |
Trailing P/E
30.6
reported TTM EPS
Forward P/E
37.7
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $3.64 implies -18.9% EPS decline vs the reported trailing $4.49.
At today's $137.68 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $3.64 | $3.60 – $3.67 | 4 | 37.8x |
| 2027-12-31 | $3.65 | $3.58 – $3.70 | 4 | 37.7x |
| 2028-12-31 | $3.95 | $3.29 – $4.68 | 3 | 34.9x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
