Simon Property Group, Inc.

SPG Real Estate Reit Retail

Simon Property Group, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.4 billion, up 6.72% from fiscal 2024.

Revenue
+13.3%
EPS
−17.2%
Free cash flow
−1.30%
Total debt
+10.2%

Quarter to September 2026, against a year earlier

228.90 2.35 +1.04%
Market cap
$73.3B
P/E
16.4×
Fwd P/E
33.2×
Dividend yield
3.92%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Simon Property Group, Inc. (SPG) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Simon Property Group, Inc. (SPG) trades at a P/B ratio of 14.4×. Over the past ten years it has ranged from 4.8× (March 2020) to 22.9× (December 2025); the current reading is higher than 78% of that period. That is above the Reit Retail 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 9.4× (43.57%)
FY2024 16.6× 22.87%
FY2023 13.5× 25.52%
FY2022 10.8× (21.65%)
FY2021 13.8× 79.46%
FY2020 7.7× (52.00%)
FY2019 16.0× 15.41%
FY2018 13.9× 8.23%
FY2017 12.8× 10.22%
FY2016 11.6× (0.36%)

Quarterly newest first

Period P/B ratio Change
Sep 2026 12.7× (2.78%)
Jun 2026 13.1× 30.30%
Mar 2026 10.0× 6.98%
Dec 2025 9.4× (58.78%)
43 more quarters

Against its own ten years

Low 4.8× High 22.9×
Ten-year median 11.9×
Current reading's percentile 64

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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