SL Green Realty Corp. (SLG) Stock Valuation — PE Analysis
REIT - Office · NYSE
Current Price
$53.82
PE Ratio (TTM)
n/m
Intrinsic Value
Use the calculator below to estimate
COMPETITIVE MOAT
↑Prime Manhattan Portfolio
SL Green owns a significant portfolio of high-quality office buildings in prime Manhattan locations. This concentration in a globally recognized business hub provides a durable advantage.
↑Tenant Relationships and Lease Stability
Long-term leases with established tenants create predictable revenue streams. Strong relationships can lead to renewals and reduced vacancy risk in their prime assets.
↑Scale and Market Expertise
As a large owner of Manhattan office space, SL Green possesses deep market knowledge and operational expertise. This scale allows for efficient management and strategic acquisitions/dispositions.
INVESTMENT RISKS
↓Economic Downturn Impact
A significant economic recession could lead to tenant defaults and increased vacancy rates. This would negatively affect rental income and property valuations.
↓Lease Expirations and Re-leasing
The expiration of large leases presents a risk if market conditions are unfavorable for re-leasing at current or higher rates. This could lead to periods of reduced income.
↓Capital Market Access
Deteriorating capital markets or a weakening balance sheet could limit SL Green's ability to refinance debt or fund new investments. This could hinder growth and operational flexibility.
Customize the SLG PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for SL Green Realty Corp. respond.
Open PE Calculator for SLGCompany Overview
SL Green Realty Corp., an S&P 500 listed company, is recognized as Manhattan's premier office landlord. Operating as a fully integrated Real Estate Investment Trust (REIT), its core strategy involves the acquisition, management, and value maximization of commercial properties across Manhattan. By December 31, 2020, SL Green had interests in 88 buildings, totaling 38.2 million square feet. This extensive portfolio included 28.6 million square feet of owned Manhattan properties, along with 8.7 million square feet designated as collateral for debt and preferred equity investments.
Financial Metrics — SLG PE Stock Valuation Data
PE Ratio (TTM)
n/m
PEG Ratio
0.01
Earnings Yield
-4.25%
ROE (TTM)
-4.6%
Revenue/Share (TTM)
$13.75
Dividend Yield
4.69%
Debt/Equity
1.51x
Frequently Asked Questions
What is the PE ratio of SLG?
The trailing twelve-month PE ratio of SLG reflects how much investors pay per dollar of SL Green Realty Corp.'s earnings. This metric is most useful when compared to REIT - Office peers and the company's own historical range.
Is SLG overvalued based on PE ratio?
SLG's PE of -21.0x combined with a PEG ratio of 0.01 provides a growth-adjusted perspective. A PEG below 1.0 means the P/E is low relative to the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical REIT - Office, a DCF analysis may be more appropriate.
How do I value SLG stock using PE ratio?
To value SL Green Realty Corp. using PE: (1) Compare the current PE (-21.0x) against the REIT - Office median to assess relative pricing, (2) check the PEG ratio (0.01) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of SLG?
SLG's PEG ratio is 0.01, calculated by dividing the PE ratio (-21.0x) by the expected earnings growth rate. A PEG below 1.0 means the P/E is low relative to the expected earnings growth rate. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for SLG stock valuation?
PE ratio gives a quick relative read — how SLG is priced versus REIT - Office peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See SLG DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Real Estate valuationsP/E and DCF value SLG with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-07-29. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.