Simon Property Group Inc. (SPG)

Real Estate Investment Trusts

Latest Price

$200.76

TTM P/E

14.17

Normalized P/E

24.18

Div Yield

4.38%

Book Value

13.56

P/B Ratio

14.80

Valuation metrics

EPS: $14.17

Book value / share: $15.96

Formula: √(22.5 × EPS × BVPS)

Graham Number

$71.33

64% downside

Norm. op. income: $2.8B (median of 7yr)

Tax rate: 5%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$0.18

100% downside

EPS: $14.17

Target P/E: 24×

Formula: EPS × P/E

P/E Fair Value

$340.08

+69% upside

93.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	37.27M	$8.34B	11.50%	+455.5K	2026-06-30
Vanguard Portfolio Management LLC	27.88M	$6.24B	8.60%	+4.78M	2026-06-30
Vanguard Capital Management LLC	20.63M	$4.61B	6.37%	+58.5K	2026-06-30
State Street Corp	20.36M	$4.55B	6.28%	-574.7K	2026-06-30
Geode Capital Management, LLC	11.34M	$2.53B	3.50%	+510.2K	2026-06-30
Capital World Investors	10.52M	$2.35B	3.25%	+1.47M	2026-06-30
Wellington Management Group LLP	9.39M	$2.10B	2.90%	+242.7K	2026-06-30
Bank of America Corp	8.25M	$1.84B	2.55%	-254.6K	2026-06-30
Cohen & Steers, Inc.	5.87M	$1.31B	1.81%	-11.4K	2026-06-30
Morgan Stanley	5.57M	$1.24B	1.72%	+144.8K	2026-06-30