PLD
Prologis
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: PLD
- PE Ratio
As of Jul 2, 2026, the Prologis stock's PE ratio is 34.94. This results from the current EPS of $3.99 and stock price of $139.43. The P/E ratio has an increase of 7% from the past four quarters average of 32.6.
PLD PE ratio history
The PE ratio of Prologis has averaged 32.32 over the last ten years. The current PE ratio of 34.94 is 8% above the historical average. Over the past ten years, PLD's PE ratio was at its highest in the Mar 2021 quarter at 58.24, when the stock price was $106 and the EPS was $1.82. The lowest value was in the Mar 2018 quarter, when it reached 18.53 with a price of $62.99 and an EPS of $3.4.
Prologis PE ratio by year
Maximum annual increase: 77.48% in 2019
Maximum annual decrease: -39.45% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 35.66 | 35.64% | $127.66 | $3.58 |
| 2024 | 26.29 | -34.91% | $105.7 | $4.02 |
| 2023 | 40.39 | 53.34% | $133.3 | $3.3 |
| 2022 | 26.34 | -37.89% | $112.73 | $4.28 |
| 2021 | 42.41 | -14.05% | $168.36 | $3.97 |
| 2020 | 49.34 | 37.28% | $99.66 | $2.02 |
| 2019 | 35.94 | 77.48% | $89.14 | $2.48 |
| 2018 | 20.25 | -2.69% | $58.72 | $2.9 |
| 2017 | 20.81 | -9.72% | $64.51 | $3.1 |
| 2016 | 23.05 | -10.87% | $52.79 | $2.29 |
| 2015 | 25.86 | -24.87% | $42.92 | $1.66 |
| 2014 | 34.42 | -39.45% | $43.03 | $1.25 |
| 2013 | 56.85 | N/A | $36.95 | $0.65 |
| 2012 | N/A | N/A | $36.49 | -$0.18 |
| 2011 | N/A | N/A | $28.59 | -$0.51 |
Prologis PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 33.13 | -7.09% | $132.18 | $3.99 |
| Dec 2025 | 35.66 | 7.44% | $127.66 | $3.58 |
| Sep 2025 | 33.19 | 17.15% | $114.52 | $3.45 |
| Jun 2025 | 28.33 | 2.13% | $105.12 | $3.71 |
| Mar 2025 | 27.74 | 5.52% | $111.79 | $4.03 |
| Dec 2024 | 26.29 | -30.89% | $105.7 | $4.02 |
| Sep 2024 | 38.04 | 3.31% | $126.28 | $3.32 |
| Jun 2024 | 36.82 | -3.03% | $112.31 | $3.05 |
| Mar 2024 | 37.97 | -5.99% | $130.22 | $3.43 |
| Dec 2023 | 40.39 | 13.74% | $133.3 | $3.3 |
| Sep 2023 | 35.51 | 7.7% | $112.21 | $3.16 |
| Jun 2023 | 32.97 | -14.65% | $122.63 | $3.72 |
| Mar 2023 | 38.63 | 46.66% | $124.77 | $3.23 |
| Dec 2022 | 26.34 | 40.78% | $112.73 | $4.28 |
| Sep 2022 | 18.71 | -19.84% | $101.6 | $5.43 |
PLD Price vs fair value
PLD average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of PLD is above the 3, 5 and 10-year historical averages.
PE comparison
Prologis's P/E of 34.94 is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 25.41, Prologis's P/E is 38% higher.
PLD PE vs peers
Compared to its peer stocks OUT and UE, PLD's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UE Urban Edge Properties | 27.01 | $2.89B |
| OUT OUTFRONT Media Inc | 30.71 | $5.79B |
| PLD Prologis Inc | 34.94 | $130B |
| HPP Hudson Pacific Properties Inc | N/A | $917.23M |
| MAC Macerich Co | N/A | $6.65B |
Frequently asked questions
What is Prologis's PE ratio?
The price to earnings ratio for PLD stock as of Jul 2, 2026, stands at 34.94.
What is the 3-year average PE ratio for Prologis (PLD)?
The average PE ratio for PLD stock over the past 3 years is 33.92.
What is the 5-year average PE ratio for Prologis (PLD)?
The average PE ratio for PLD stock over the past 5 years is 33.41.
What is the highest PE ratio for PLD?
The highest quarterly PE ratio in the last ten years has been 58.24 and it was in the Mar 2021 quarter.
How does the current PE ratio for PLD compare to its historical average?
PLD's price to earnings ratio is currently 8% above its 10-year historical average.
How is PLD's PE ratio calculated (Prologis PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), Prologis's stock price is $139.43. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $3.99. Therefore, Prologis's P/E ratio for today is 34.94. PE RATIO(34.94) = STOCK PRICE($139.43) / TTM EPS($3.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.