Simon Property (SPG) Price to Book (2009 - 2026)
Simon Property's Price to Book came in at 10.54 for Q1 2026, down 41.2% from 17.91 a year earlier but up 12.9% from the prior quarter.
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Analysis
Simon Property (SPG) Price to Book (2009 - 2026) Analysis & Trends
For FY2025, Simon Property's Price to Book was 9.33, down 43.2% from FY2024.
- Going back by year, Price to Book was 16.45 in FY2024 (+23.2%), 13.35 in FY2023 (+25.2%), 10.66 in FY2022 (-21.7%) and 13.63 in FY2021 (+79.7%).
- The five-year range for quarterly Price to Book is 8.45 (Q3 2022) to 22.45 (Q3 2025).
- Year-over-year, Price to Book increased in six of the last eight quarters, with growth averaging 14.5%.
- The fastest year-over-year change in Price to Book over five years came in Q4 2021 (growth of 79.7%), and the weakest in Q4 2025 (a decline of 43.2%).
- Business Quant data shows SPG's Price to Book at 9.33 (Q4 2025), 22.45 (Q3 2025) and 18.43 (Q2 2025) in the three quarters before Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 165.25 Bn | 146.74 Bn | 1.39 Bn |
| 2 | Prologis | 124.09 Bn | 119.13 Bn | - |
| 3 | Simon Property | 64.79 Bn | 60.64 Bn | - |
| 4 | Realty Income | 51.71 Bn | 49.93 Bn | - |
| 5 | Public Storage | 50.81 Bn | 49.80 Bn | - |
| 6 | Ventas | 41.44 Bn | 40.13 Bn | - |
| 7 | Extra Space Storage | 28.30 Bn | 28.30 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.09 Bn | 23.21 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.72 Bn | 22.50 Bn | - |
| 10 | Essex Property Trust | 17.34 Bn | 17.10 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 10.54 |
| Dec 31, 2025 | 9.81 |
| Sep 30, 2025 | 22.45 |
| Jun 30, 2025 | 18.43 |
| Mar 31, 2025 | 17.91 |
| Dec 31, 2024 | 16.45 |
| Sep 30, 2024 | 17.56 |
| Jun 30, 2024 | 14.57 |
| Mar 31, 2024 | 14.23 |
| Dec 31, 2023 | 13.35 |
| Sep 30, 2023 | 10.36 |
| Jun 30, 2023 | 11.45 |
| Mar 31, 2023 | 10.60 |
| Dec 31, 2022 | 10.66 |
| Sep 30, 2022 | 8.45 |
| Jun 30, 2022 | 8.83 |
| Mar 31, 2022 | 11.58 |
| Dec 31, 2021 | 13.63 |
| Sep 30, 2021 | 11.02 |
| Jun 30, 2021 | 11.56 |
API Access
Simon Property Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=SPG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "SPG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=SPG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();