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Simon Property GroupMEX:SPG 69 Cyclically Adjusted PS Ratio is 11.64 as of Aug. 29, 2026, which is 41% above its 10-year median of 8.28. GuruFocus rates MEX:SPG with a GF Score™ of 69/100 and a GF Value™ of MXN3,551.66 (Fairly Valued). The stock has 9 warning signs investors should review. Among 540 REITs companies, Simon Property Group ranks worse than 85.93% on this metric.
The historical rank and industry rank for Simon Property Group's Cyclically Adjusted PS Ratio or its related term are showing as below:
MEX:SPG'
s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.65 Med: 8.28 Max: 13.08
Current: 10.16
During the past years, Simon Property Group's highest Cyclically Adjusted PS Ratio was 13.08. The lowest was 2.65. And the median was 8.28.
MEX:SPG's Cyclically Adjusted PS Ratio is ranked worse than 85.93% of 540
companies
in the REITs industry
Industry Median: 5.755
vs MEX:SPG: 10.16
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Simon Property Group's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN96.427. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN333.25 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Simon Property Group (MEX:SPG) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Simon Property Group Cyclically Adjusted PS Ratio Related Terms
Simon Property Group Cyclically Adjusted PS Ratio Historical Data
* Premium members only.
The historical data trend for Simon Property Group's Cyclically Adjusted PS 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.
Simon Property Group Cyclically Adjusted PS Ratio Chart
MEX:SPG vs O, KIM, REG: Cyclically Adjusted PS Ratio Comparison
For the REIT - Retail subindustry, Simon Property Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Simon Property Group's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Simon Property Group's Cyclically Adjusted PS Ratio falls into.
Simon Property Group Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 11.64 mean?
Simon Property Group (MEX:SPG) has a Cyclically Adjusted PS Ratio of 11.64 as of Aug. 29, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Simon Property Group and its competitors. This is 41% above median its historical median of 8.28. Over the past decade, Simon Property Group's Cyclically Adjusted PS Ratio has ranged from 2.65 to 13.08. According to the industry distribution chart, Simon Property Group ranks #464 out of 540 companies in the REITs industry, placing it in the top 85.9%.
Is Simon Property Group's Cyclically Adjusted PS Ratio too high?
Simon Property Group's current Cyclically Adjusted PS Ratio of 11.64 is 41% above median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 13.08. The REITs industry median Cyclically Adjusted PS Ratio is 5.76. Simon Property Group's value of 11.64 is 102.3% above this industry median. Based on the distribution chart, Simon Property Group ranks #464 out of 540 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Simon Property Group has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Cyclically Adjusted PS Ratio compare to O and KIM?
According to the REITs industry distribution chart, Simon Property Group ranks #464 out of 540 companies for Cyclically Adjusted PS Ratio. This places Simon Property Group in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.76. Simon Property Group's value of 11.64 is 102.3% above this benchmark. Historically, Simon Property Group's own Cyclically Adjusted PS Ratio has ranged from 2.65 to 13.08 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 5.76, Simon Property Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.76, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Simon Property Group's current Cyclically Adjusted PS Ratio of 11.64 is 102.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Simon Property Group and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simon Property Group's current Cyclically Adjusted PS Ratio is 11.64, which is 41% above median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simon Property Group stock overvalued right now?
Based on GuruFocus' analysis, Simon Property Group (MEX:SPG) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,551.66, compared to a current price of MXN3,878.68 — trading 9.2% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 11.64, which is 41% above median its 10-year median of 8.28 and 102.3% above the REITs industry median of 5.76. Simon Property Group's overall GF Score™ is 69/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Simon Property Group (MEX:SPG), the current Cyclically Adjusted PS Ratio is 11.64 as of Aug. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Simon Property Group (MEX:SPG) Overvalued in 2026?
Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued.
The current stock price of MXN3,878.68 is trading 9.2% above its estimated GF Value™ of MXN3,551.66.
GuruFocus considers Simon Property Group to be Fairly Valued.
Key valuation signals for MEX:SPG:
Cyclically Adjusted PS Ratio: 11.64 (41% above median its 10-year median of 8.28)
GF Value™: MXN3,551.66 vs. price of MXN3,878.68 (9.2% above fair value)
Industry Position: 102.3% above the REITs median (#464 of 540)
No single metric tells the full story. See the MEX:SPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
69GF Score
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