SAFE Safehold PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: SAFE
- PE Ratio
The current PE ratio for Safehold stock as of Aug 8, 2025 is 9.79. This is calculated based on the TTM EPS of $1.43 and the stock price of $14 per share. The PE ratio has decreased by 23% from its last 4 quarters average of 12.8.
SAFE PE ratio history
The average historical PE ratio of Safehold for the last ten years is 20.29. The current price-to-earnings ratio of 9.79 is 52% less than the historical average. Analyzing the last ten years, SAFE's PE ratio reached its highest point in the Dec 2021 quarter at 122.3, when the price was $161.44 and the EPS was $1.32. The lowest point was recorded in the Mar 2020 quarter, when it reached 2.33 with a price of $66.31 and an EPS of $28.44.
Safehold PE ratio by year
Maximum annual decrease: -82.03% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 12.49 | N/A | $18.48 | $1.48 |
| 2023 | N/A | N/A | $23.4 | -$0.82 |
| 2022 | 21.98 | -82.03% | $47.69 | $2.17 |
| 2021 | 122.3 | N/A | $161.44 | $1.32 |
| 2020 | N/A | N/A | $92.81 | -$5.44 |
| 2019 | 3.22 | N/A | $90.69 | $28.19 |
| 2018 | N/A | N/A | $57.31 | -$5.94 |
| 2017 | 7.24 | -64.89% | $70.63 | $9.75 |
| 2016 | 20.62 | N/A | $77.31 | $3.75 |
| 2015 | N/A | N/A | $73.31 | -$3.88 |
| 2014 | N/A | N/A | $85.31 | -$2.5 |
| 2013 | N/A | N/A | $89.19 | -$11.44 |
| 2012 | N/A | N/A | $50.94 | -$20.38 |
| 2011 | N/A | N/A | $33.06 | -$4.38 |
| 2010 | 20.03 | N/A | $48.88 | $2.44 |
Safehold PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 10.88 | -15.13% | $15.56 | $1.43 |
| Mar 2025 | 12.82 | 2.64% | $18.72 | $1.46 |
| Dec 2024 | 12.49 | -15.72% | $18.48 | $1.48 |
| Sep 2024 | 14.82 | N/A | $26.23 | $1.77 |
| Jun 2024 | N/A | N/A | $19.29 | -$0.31 |
| Mar 2024 | N/A | N/A | $20.6 | -$0.38 |
| Dec 2023 | N/A | N/A | $23.4 | -$0.82 |
| Sep 2023 | N/A | N/A | $17.8 | -$1.05 |
| Jun 2023 | 13.18 | -18.79% | $23.73 | $1.8 |
| Mar 2023 | 16.23 | -26.16% | $29.37 | $1.81 |
| Dec 2022 | 21.98 | N/A | $47.69 | $2.17 |
| Sep 2022 | N/A | N/A | $57.88 | -$5.61 |
| Jun 2022 | 21.21 | -71.15% | $85.69 | $4.04 |
| Mar 2022 | 73.52 | -39.89% | $146.31 | $1.99 |
| Dec 2021 | 122.3 | 470.43% | $161.44 | $1.32 |
SAFE Price vs fair value
SAFE average PE ratio chart
SAFE's current PE ratio is under its 3, 5 and 10-year averages.
SAFE PE vs peers
When compared to its peers BXP and CUZ, SAFE's PE ratio is lower, but it is higher than VNO's. Safehold is currently trading at a lower PE ratio (9.79) than its peers average of 30.85.
| Stock name | PE ratio | Market cap |
|---|---|---|
| VNO Vornado Realty Trust | 8.75 | $7.09B |
| SAFE Safehold Inc. | 9.79 | $1B |
| KRC Kilroy Realty Corp | 20.33 | $4.47B |
| HIW Highwoods Properties Inc | 24.31 | $3.1B |
| ESRT Empire State Realty Trust Inc | 28.72 | $1.22B |
| CUZ Cousins Properties Inc | 72.16 | $4.48B |
| BXP Boston Properties Inc | 3,162.5 | $10.02B |
| ARE Alexandria Real Estate Equities Inc | N/A | $12.84B |
| SLG Sl Green Realty Corp | N/A | $3.79B |
| HPP Hudson Pacific Properties Inc | N/A | $947.88M |
| PGRE Paramount Group Inc | N/A | $1.41B |
Frequently asked questions
What is Safehold's PE ratio?
The price to earnings ratio for SAFE stock is 9.79 as of Aug 8, 2025.
What is the 3-year average PE ratio for Safehold (SAFE)?
The 3-year average PE ratio for SAFE stock is 14.63.
What is the 5-year average PE ratio for Safehold (SAFE)?
The 5-year average PE ratio for SAFE stock is 30.99.
What is the highest PE ratio for SAFE?
The highest quarterly PE ratio in the last ten years has been 122.3 and it was in the Dec 2021 quarter.
How does the current PE ratio for SAFE compare to its historical average?
The current PE ratio of SAFE is 52% lower than the 10-year historical average.
Why is Safehold's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is SAFE's PE ratio calculated (Safehold PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Aug 8, 2025), Safehold's share price is $14. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $1.43. Therefore, Safehold's price to earnings ratio for today is 9.79. PE RATIO(9.79) = STOCK PRICE($14) / TTM EPS($1.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.