SAFE Safehold PE ratio, current and historical analysis
The current PE ratio for Safehold stock as of Mar 14, 2025 is 12.81. This is calculated based on the TTM EPS of $1.48 and the stock price of $18.96 per share.
SAFE PE ratio history
The average historical PE ratio of Safehold for the last nine years is 21.02. The current price-to-earnings ratio of 12.81 is 39% less than the historical average. Analyzing the last nine 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 |
|---|---|---|---|---|
| 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 |
| Sep 2021 | 21.44 | N/A | $156.75 | $7.31 |
| Jun 2021 | N/A | N/A | $129.56 | -$3.56 |
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 peer stocks ARE and BXP, SAFE's PE ratio is lower. Safehold is currently trading at a lower PE ratio (12.81) than its peers average of 45.4.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SAFE Safehold Inc. | 12.81 | $1.35B |
| KRC Kilroy Realty Corp | 18.64 | $3.92B |
| ESRT Empire State Realty Trust Inc | 27.66 | $1.35B |
| HIW Highwoods Properties Inc | 29.99 | $3.03B |
| ARE Alexandria Real Estate Equities Inc | 55.09 | $17.16B |
| CUZ Cousins Properties Inc | 95.6 | $4.81B |
| SLG Sl Green Realty Corp | 709.38 | $4.03B |
| BXP Boston Properties Inc | 727.89 | $10.36B |
| VNO Vornado Realty Trust | 920.5 | $7.03B |
| HPP Hudson Pacific Properties Inc | N/A | $388.72M |
| PGRE Paramount Group Inc | N/A | $867.94M |
Frequently asked questions
What is Safehold's PE ratio?
The price to earnings ratio for SAFE stock is 12.81 as of Mar 14, 2025.
What is the 3-year average PE ratio for Safehold (SAFE)?
The 3-year average PE ratio for SAFE stock is 24.78.
What is the 5-year average PE ratio for Safehold (SAFE)?
The 5-year average PE ratio for SAFE stock is 31.95.
What is the highest PE ratio for SAFE?
The highest quarterly PE ratio in the last nine 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 39% lower than the 9-year historical average.
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 (Mar 14, 2025), Safehold's share price is $18.96. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.48. Therefore, Safehold's price to earnings ratio for today is 12.81. PE RATIO(12.81) = STOCK PRICE($18.96) / TTM EPS($1.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.