As of Oct 2, 2023, the Prologis stock's PE ratio is 29.44. This results from the current EPS of $3.72 and stock price of $109.5. The current PE ratio is nearly equal to the average from the previous four quarters.
The PE ratio of Prologis has averaged 44.16 over the last ten years. The current PE ratio of 29.44 is 33% below the historical average. Over the past ten years, PLD's PE ratio was at its highest in the Mar 2014 quarter at 371.18, when the stock price was $40.83 and the EPS was $0.11. 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 |
|---|---|---|
| 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% |
| 2013 | 56.85 | N/A |
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 lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PLD Prologis Inc | 28.98 | $99.59B |
| UE Urban Edge Properties | 104.79 | $1.73B |
| HPP Hudson Pacific Properties Inc | N/A | $828.71M |
| MAC Macerich Co | N/A | $2.27B |
| OUT OUTFRONT Media Inc | N/A | $1.53B |
The price to earnings ratio for PLD stock as of Oct 2, 2023, stands at 29.44.
The average PE ratio for PLD stock over the past 3 years is 38.79.
The average PE ratio for PLD stock over the past 5 years is 35.76.
The highest quarterly PE ratio in the last ten years has been 371.18 and it was in the Mar 2014 quarter.
PLD's price to earnings ratio is currently 33% 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 (Oct 2, 2023), Prologis's stock price is $109.5. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $3.72. Therefore, Prologis's P/E ratio for today is 29.44. PE RATIO(29.44) = STOCK PRICE($109.5) / TTM EPS($3.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.