Simon Property Group (MIL:1SPG) Cyclically Adjusted Revenue per Share: €17.71 (As of Mar. 2026)

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MIL:1SPG Simon Property Group Inc MIL:1SPG
19 GF Score
Price €190.40
GF Value €150.43
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Simon Property Group Cyclically Adjusted Revenue per Share?

Simon Property Group MIL:1SPG 19 Cyclically Adjusted Revenue per Share is €17.71 as of Mar. 2026. GuruFocus rates MIL:1SPG with a GF Score™ of 19/100 and a GF Value™ of €150.43 (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 €4.677. 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 €17.71 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 (2026-07-17), Simon Property Group's current stock price is €190.40. Simon Property Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €17.71. Simon Property Group's Cyclically Adjusted PS Ratio of today is 10.75.

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  (MIL:1SPG) 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
=190.40/17.71
=10.75

* 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 0.00 0.00 18.24 19.61 17.24

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 18.98 17.49 17.25 17.24 17.71

MIL:1SPG 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.


MIL:1SPG
19GF Score
Simon Property Group Inc MIL:1SPG
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)
=4.677/330.2130*330.2130
=4.677

Current CPI (Mar. 2026) = 330.2130.

Simon Property Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.735 241.018 5.117
201609 3.848 241.428 5.263
201612 4.309 241.432 5.894
201703 4.023 243.801 5.449
201706 3.889 244.955 5.243
201709 3.788 246.819 5.068
201712 3.850 246.524 5.157
201803 3.641 249.554 4.818
201806 3.833 251.989 5.023
201809 3.890 252.439 5.088
201812 4.155 251.233 5.461
201903 4.161 254.202 5.405
201906 4.005 256.143 5.163
201909 4.186 256.759 5.384
201912 4.366 256.974 5.610
202003 3.996 258.115 5.112
202006 3.083 257.797 3.949
202009 2.944 260.280 3.735
202012 2.937 260.474 3.723
202103 3.171 264.877 3.953
202106 3.168 271.696 3.850
202109 3.354 274.310 4.038
202112 3.571 278.802 4.229
202203 3.581 287.504 4.113
202206 3.686 296.311 4.108
202209 4.060 296.808 4.517
202212 4.042 296.797 4.497
202303 3.859 301.836 4.222
202306 3.864 305.109 4.182
202309 4.041 307.789 4.335
202312 4.298 306.746 4.627
202403 4.072 312.332 4.305
202406 4.155 314.175 4.367
202409 4.090 315.301 4.283
202412 4.631 315.605 4.845
202503 4.176 319.799 4.312
202506 3.979 322.561 4.073
202509 4.179 324.800 4.249
202512 4.690 324.054 4.779
202603 4.677 330.213 4.677

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 €17.71 mean?
Simon Property Group (MIL:1SPG) has a Cyclically Adjusted Revenue per Share of €17.71 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 €17.71. Overall, Simon Property Group has a GF Score™ of 19/100 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 €17.71 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 €17.71. 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 (MIL:1SPG) is currently considered Modestly Overvalued. The stock's GF Value™ is €150.43, compared to a current price of €190.40 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €17.71. Simon Property Group's overall GF Score™ is 19/100 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 (MIL:1SPG), the current Cyclically Adjusted Revenue per Share is €17.71 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 (MIL:1SPG) Overvalued in 2026?

Based on GuruFocus' analysis, Simon Property Group stock appears to be overvalued. The current stock price of €190.40 is trading 26.6% above its estimated GF Value™ of €150.43. GuruFocus considers Simon Property Group to be Modestly Overvalued.

Key valuation signals for MIL:1SPG:

  • Cyclically Adjusted Revenue per Share: €17.71
  • GF Value™: €150.43 vs. price of €190.40 (26.6% above fair value)
  • GF Score™: 19/100 with 8 warning signs

No single metric tells the full story. See the MIL:1SPG 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.
19GF Score

Get the complete analysis for MIL:1SPG

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

€190.40
Price
€150.43
GF Value