Prologis forward PE PLD

Share price divided by analysts' consensus earnings for the next twelve months, since 2002.

Today, Oct 23, 2026: 37.9×
10-year median: 45.0×
Against its 10-year history: 17th; percentile: 0 is its lowest day, 100 its highest
10-year range: 26.7× to 71.4×
Peer median: 35.4×

Prologis' forward PE is 37.9× as of Oct 23, 2026.

That is below its ten-year median of 45.0×, lower than on 83% of days in the last ten years.

Over that time it ranged from 26.7× in Nov 2016 to 71.4× in Oct 2020.

The median for 10 real estate stocks of a similar size is 35.4×.

Forward PE over time

median 45×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	37.9×	36.5×	47.2×
2025	42.0×	35.2×	45.4×
2024	39.0×	38.3×	53.9×
2023	54.6×	39.9×	55.0×
2022	40.9×	28.9×	54.4×
2021	50.7×	43.4×	60.9×
2020	59.9×	41.2×	71.4×
2019	57.5×	36.2×	59.3×
2018	36.6×	36.6×	47.6×
2017	46.1×	27.7×	47.9×
2016	30.3×	25.8×	48.9×
2015	35.5×	31.5×	49.1×
2014	31.5×	29.1×	114×
2013	113×	110×	313×
2012	275×	161×	280×
2011	n/m a value too high to mean anything
2010	478×	468×	499×
2009	n/m a value too high to mean anything
2008	211×	22.1×	220×
2007	25.9×	24.6×	44.3×

Against its peers

Companies in Real Estate nearest Prologis' size, closest first, today.

Company	Forward PE
PLDPrologis	37.9×
EQIXEquinix	55.2×
AMTAmerican Tower	27.9×
WELLWelltower	86.0×
SPGSimon Property	30.5×
DLRDigital Realty Trust	75.9×
PSAPublic Storage	31.8×
ORealty Income	35.4×
VMRKVivmark Residential	n/m
VTRVentas	120×
CCICrown Castle	32.2×
Peer median	35.4×

Where Prologis ranks

#9of 14Real estate stocks with the lowest forward PE

What the forward PE tells you

Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.

Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.

More on Prologis

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.