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Simon Property Group (LTS:0L6P) PS Ratio

: 7.51 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Simon Property Group's share price is $130.11. Simon Property Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.32. Hence, Simon Property Group's PS Ratio for today is 7.51.

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

LTS:0L6P' s PS Ratio Range Over the Past 10 Years
Min: 2.54   Med: 9.26   Max: 13.16
Current: 8.11

During the past 13 years, Simon Property Group's highest PS Ratio was 13.16. The lowest was 2.54. And the median was 9.26.

LTS:0L6P's PS Ratio is ranked worse than
64.62% of 831 companies
in the REITs industry
Industry Median: 6.5 vs LTS:0L6P: 8.11

Simon Property Group's Revenue per Sharefor the three months ended in Dec. 2023 was $4.69. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $17.32.

Warning Sign:

Simon Property Group Inc revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Simon Property Group was 7.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was 5.10% per year. During the past 5 years, the average Revenue per Share Growth Rate was -1.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 0.40% per year.

During the past 13 years, Simon Property Group's highest 3-Year average Revenue per Share Growth Rate was 21.20% per year. The lowest was -14.20% per year. And the median was 2.30% per year.

Back to Basics: PS Ratio


Simon Property Group PS Ratio Historical Data

The historical data trend for Simon Property Group's 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.

* Premium members only.

Simon Property Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.97 5.71 10.26 7.28 8.24

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
PS Ratio 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 Premium Member Only Premium Member Only Premium Member Only 7.28 6.86 6.95 6.39 8.24

Competitive Comparison

For the REIT - Retail subindustry, Simon Property Group's PS Ratio, along with its competitors' market caps and 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 PS Ratio Distribution

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

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



Simon Property Group PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Simon Property Group's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=130.11/17.317
=7.51

Simon Property Group's Share Price of today is $130.11.
Simon Property Group's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.32.

* 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.

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

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Simon Property Group  (LTS:0L6P) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Simon Property Group PS Ratio Related Terms

Thank you for viewing the detailed overview of Simon Property Group's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Simon Property Group (LTS:0L6P) Business Description

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

Simon Property Group (LTS:0L6P) Headlines

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