Prologis, Inc.
PLD Real Estate Reit Industrial
Prologis, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.8 billion, up 7.18% from fiscal 2024. In the quarter to September 2026, revenue grew 7.84%, EPS grew 85.3%, free cash flow fell 18.3% and total debt rose 4.33%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten.
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Prologis, Inc. (PLD) P/B ratio
As of 16 October 2026, Prologis, Inc. (PLD) trades at a P/B ratio of 26.5×. Over the past ten years it has ranged from 1.0× (February 2016) to 28.1× (October 2026); the current reading is higher than 100% of that period. That is above the Reit Industrial industry median of 1.8× and above the Real Estate sector median of 1.0×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.1× | 22.89% |
| FY2024 | 1.7× | (22.40%) |
| FY2023 | 2.2× | 40.64% |
| FY2022 | 1.5× | (53.63%) |
| FY2021 | 3.3× | 65.04% |
| FY2020 | 2.0× | (7.40%) |
| FY2019 | 2.2× | 66.97% |
| FY2018 | 1.3× | (28.93%) |
| FY2017 | 1.8× | 20.54% |
| FY2016 | 1.5× | 23.91% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Sep 2026 | 27.3× | 1,155.33% |
| Jun 2026 | 2.2× | 2.39% |
| Mar 2026 | 2.1× | 3.50% |
| Dec 2025 | 2.1× | 10.39% |
| 43 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| LINE Lineage, Inc. compare | 0.9× |
| REXR Rexford Industrial Realty, Inc. compare | 1.1× |
| TRNO Terreno Realty Corporation compare | 1.5× |
| EXR Extra Space Storage Inc compare | 2.1× |
| FR First Industrial Realty Trust, Inc. compare | 2.7× |
| EGP EastGroup Properties, Inc. compare | 2.9× |
| CUBE CubeSmart compare | 3.4× |
| PSA Public Storage compare | 10.6× |
| PLD Prologis, Inc. | 26.5× |
| Reit Industrial industry median | 1.8× |
| Real Estate sector median | 1.0× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on PLD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement