Simon Property Group (MEX:SPG) Cyclically Adjusted Revenue per Share: MXN369.93 (As of Mar. 2026)

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MEX:SPG Simon Property Group Inc MEX:SPG
70 GF Score
Price MXN3,890.00
GF Value MXN3,137.67
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Simon Property Group Cyclically Adjusted Revenue per Share?

Simon Property Group MEX:SPG 70 Cyclically Adjusted Revenue per Share is MXN369.93 as of Mar. 2026. GuruFocus rates MEX:SPG with a GF Score™ of 70/100 and a GF Value™ of MXN3,137.67 (Modestly Overvalued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Mar. 2026 was MXN97.504. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN369.93 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Simon Property Group's average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 3.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 2.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Simon Property Group was 5.80% per year. The lowest was 0.60% per year. And the median was 1.90% per year.

As of today (2026-07-14), Simon Property Group's current stock price is MXN3890.00. Simon Property Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was MXN369.93. Simon Property Group's Cyclically Adjusted PS Ratio of today is 10.52.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Simon Property Group was 13.70. The lowest was 2.65. And the median was 8.28.


Simon Property Group  (MEX:SPG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=3890.00/369.93
=10.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Simon Property Group was 13.70. The lowest was 2.65. And the median was 8.28.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Simon Property Group Cyclically Adjusted Revenue per Share Related Terms


Simon Property Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Simon Property Group's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Simon Property Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 386.75 380.88 342.67 421.51 375.56

Simon Property Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 414.38 385.88 358.30 375.56 369.93

MEX:SPG vs O, KIM, REG: Cyclically Adjusted Revenue per Share 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.


MEX:SPG
70GF Score
Simon Property Group Inc MEX:SPG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simon Property Group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Simon Property Group's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=97.504/330.2130*330.2130
=97.504

Current CPI (Mar. 2026) = 330.2130.

Simon Property Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 77.620 241.018 106.345
201609 83.509 241.428 114.219
201612 93.720 241.432 128.183
201703 81.006 243.801 109.717
201706 78.989 244.955 106.482
201709 81.946 246.819 109.634
201712 89.488 246.524 119.867
201803 81.553 249.554 107.912
201806 87.976 251.989 115.286
201809 84.910 252.439 111.070
201812 92.816 251.233 121.995
201903 91.211 254.202 118.485
201906 86.938 256.143 112.078
201909 91.012 256.759 117.049
201912 91.493 256.974 117.569
202003 103.534 258.115 132.454
202006 80.142 257.797 102.654
202009 76.595 260.280 97.175
202012 71.076 260.474 90.106
202103 77.153 264.877 96.184
202106 75.975 271.696 92.338
202109 81.127 274.310 97.660
202112 82.784 278.802 98.049
202203 78.523 287.504 90.188
202206 78.393 296.311 87.362
202209 80.868 296.808 89.969
202212 83.477 296.797 92.876
202303 74.472 301.836 81.473
202306 71.764 305.109 77.669
202309 75.123 307.789 80.596
202312 79.550 306.746 85.636
202403 73.460 312.332 77.666
202406 81.940 314.175 86.123
202409 89.391 315.301 93.619
202412 101.136 315.605 105.817
202503 92.351 319.799 95.358
202506 86.419 322.561 88.469
202509 89.987 324.800 91.487
202512 98.892 324.054 100.772
202603 97.504 330.213 97.504

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN369.93 mean?
Simon Property Group (MEX:SPG) has a Cyclically Adjusted Revenue per Share of MXN369.93 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Simon Property Group and its competitors.
Is Simon Property Group's Cyclically Adjusted Revenue per Share too high?
Simon Property Group's current Cyclically Adjusted Revenue per Share is MXN369.93. Overall, Simon Property Group has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Simon Property Group's Cyclically Adjusted Revenue per Share compare to O and KIM?
Simon Property Group's Cyclically Adjusted Revenue per Share of MXN369.93 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a REITs company?
A good Cyclically Adjusted Revenue per Share depends on the REITs industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Simon Property Group and its competitors. Simon Property Group's current Cyclically Adjusted Revenue per Share is MXN369.93. 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 Modestly Overvalued. The stock's GF Value™ is MXN3,137.67, compared to a current price of MXN3,890.00 — trading 24% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN369.93. Simon Property Group's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Simon Property Group (MEX:SPG), the current Cyclically Adjusted Revenue per Share is MXN369.93 as of Mar. 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 MXN3,890.00 is trading 24% above its estimated GF Value™ of MXN3,137.67. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for MEX:SPG:

  • Cyclically Adjusted Revenue per Share: MXN369.93
  • GF Value™: MXN3,137.67 vs. price of MXN3,890.00 (24% above fair value)
  • GF Score™: 70/100 with 8 warning signs

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 Business Description

Industry Real EstateREITs
Address 225 West Washington Street, Indianapolis, IN, USA, 46204
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.
70GF Score

Get the complete analysis for MEX:SPG

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,890.00
Price
MXN3,137.67
GF Value