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.

125.75 1.19 −0.94%
Market cap
$123.0B
P/E
27.9×
Fwd P/E
41.4×
Dividend yield
3.36%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Prologis, Inc. (PLD) P/B ratio

Alert me on 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

Against its own ten years

Low 1.0× High 28.1×
Ten-year median 1.9×
Current reading's percentile 100

P/B ratio against peers

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))

The full definition of P/B ratio →

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