As of Apr 25, 2024, the Prologis stock's PE ratio is 30.13. This results from the current EPS of $3.43 and stock price of $103.35. The P/E ratio has a decrease of 18% from the past four quarters average of 36.7.
The PE ratio of Prologis has averaged 35.21 over the last ten years. The current PE ratio of 30.13 is 14% below the historical average. Over the past ten years, PLD's PE ratio was at its highest in the Jun 2014 quarter at 158.04, when the stock price was $41.09 and the EPS was $0.26. The lowest value was in the Sep 2015 quarter, when it reached 17.29 with a price of $38.9 and an EPS of $2.25.
Maximum annual increase: 77.48% in 2019
Maximum annual decrease: -39.45% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.39 | 53.34% |
| 2022 | 26.34 | -37.89% |
| 2021 | 42.41 | -14.05% |
| 2020 | 49.34 | 37.28% |
| 2019 | 35.94 | 77.48% |
| 2018 | 20.25 | -2.69% |
| 2017 | 20.81 | -9.72% |
| 2016 | 23.05 | -10.87% |
| 2015 | 25.86 | -24.87% |
| 2014 | 34.42 | -39.45% |
The current PE ratio of PLD is below the 3, 5 and 10-year averages.
Compared to its peer stock UE, PLD's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| UE Urban Edge Properties | 7.86 | $1.95B |
| PLD Prologis Inc | 30.13 | $95.69B |
| HPP Hudson Pacific Properties Inc | N/A | $801.5M |
| MAC Macerich Co | N/A | $3.32B |
| OUT OUTFRONT Media Inc | N/A | $2.54B |
The price to earnings ratio for PLD stock as of Apr 25, 2024, stands at 30.13.
The average PE ratio for PLD stock over the past 3 years is 36.08.
The average PE ratio for PLD stock over the past 5 years is 37.35.
The highest quarterly PE ratio in the last ten years has been 158.04 and it was in the Jun 2014 quarter.
PLD's price to earnings ratio is currently 14% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 25, 2024), Prologis's stock price is $103.35. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.43. Therefore, Prologis's P/E ratio for today is 30.13. PE RATIO(30.13) = STOCK PRICE($103.35) / TTM EPS($3.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.