Basis: Latest reported fiscal year. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 34.57 as of Tuesday, July 28, 2026.
Forward PE Ratio (34.57) = Close Price ($231.67) / Consensus Forward EPS ($6.70)
FORWARD PE RATIO
34.57
SECTOR MEDIAN · REAL ESTATE
35.84
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-3.54%
vs the sector median at left
Simon Property Group, Inc.
Market Cap
$76.45B
Forward PE Ratio
34.57
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Simon Property Group, Inc. (SPG) | $76.45B | 34.57 |
| Digital Realty Trust, Inc. (DLR)vs › | $72.18B | 77.24 |
| American Tower Corporation (AMT)vs › | $81.76B | 25.29 |
| Realty Income Corporation (O)vs › | $61.37B | 42.36 |
| Public Storage (PSA)vs › | $58.56B | 31.77 |
| Equinix, Inc. (EQIX)vs › | $102.68B | 60.62 |
| Ventas, Inc. (VTR)vs › | $47.89B | 160.44 |
| CBRE Group, Inc. (CBRE)vs › | $43.41B | 18.64 |
| Iron Mountain Incorporated (IRM)vs › | $37.26B | 53.51 |
| Crown Castle Inc. (CCI)vs › | $33.93B | 37.11 |
Trailing P/E
16.1
reported TTM EPS
Forward P/E
34.6
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.70 implies -53.3% EPS decline vs the reported trailing $14.35.
At today's $231.67 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 | $6.70 | $6.67 – $6.72 | 5 | 34.6x |
| 2027-12-31 | $7.05 | $7.00 – $7.18 | 6 | 32.9x |
| 2028-12-31 | $7.82 | $7.23 – $8.96 | 3 | 29.6x |
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
