Simon Property Group (WBO:SPGR) PB Ratio : 16.01 (As of Apr. 28, 2024)

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What is Simon Property Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-28), Simon Property Group's share price is €134.30. Simon Property Group's Book Value per Share for the quarter that ended in Dec. 2023 was €8.39. Hence, Simon Property Group's PB Ratio of today is 16.01.

The historical rank and industry rank for Simon Property Group's PB Ratio or its related term are showing as below:

WBO:SPGR' s PB Ratio Range Over the Past 10 Years
Min: 5.95 Med: 13.19 Max: 18.25
Current: 15.56

During the past 13 years, Simon Property Group's highest PB Ratio was 18.25. The lowest was 5.95. And the median was 13.19.

WBO:SPGR's PB Ratio is ranked worse than
99.41% of 852 companies
in the REITs industry
Industry Median: 0.825 vs WBO:SPGR: 15.56

During the past 12 months, Simon Property Group's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Simon Property Group was 165.50% per year. The lowest was -24.70% per year. And the median was -0.20% per year.

Back to Basics: PB Ratio

Simon Property Group PB Ratio Historical Data

The historical data trend for Simon Property Group's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Simon Property Group PB Ratio Chart

Simon Property Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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18.09

9.02

15.53

12.22

15.35

Simon Property Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															12.22	11.95	13.16	12.31	15.35

Competitive Comparison of Simon Property Group's PB Ratio

For the REIT - Retail subindustry, Simon Property Group's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Simon Property Group's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Simon Property Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where Simon Property Group's PB Ratio falls into.

Simon Property Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Simon Property Group's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	134.30	/	8.389
	=	16.01

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Simon Property Group (WBO:SPGR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Simon Property Group PB Ratio Related Terms

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Simon Property Group (WBO:SPGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Simon Property Group Inc (WBO:SPGR) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SPGpJ.PFD:USA SPG:USA SPG:Mexico 1SPG:Italy SQI:Germany SIMN34:Brazil

Address

225 West Washington Street, Indianapolis, IN, USA, 46204

Website

https://www.simon.com

Simon Property Group is the second-largest real estate investment trust in the United States. Its portfolio includes an interest in 231 properties: 136 traditional malls, 70 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), 6 lifestyle centers, and 5 other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.

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