REIT - Office · NYSE
Current Price
$42.41
Intrinsic Value
Use the calculator below to estimate
Run a PE ratio stock valuation on SL Green Realty Corp. with auto-filled earnings data, adjustable target PE, and instant fair value estimate.
SL Green Realty Corp., an S&P 500 company and Manhattan's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of December 31, 2020, SL Green held interests in 88 buildings totaling 38.2 million square feet. This included ownership interests in 28.6 million square feet of Manhattan buildings and 8.7 million square feet securing debt and preferred equity investments.
Earnings Yield
-5.06%
ROE (TTM)
-3.9%
Based on trailing twelve-month data, SLG has earnings per share of N/A and trades at a PE ratio of N/A. These are key inputs for stock valuation using the PE ratio method.
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.
Whether SLG is overvalued depends on comparing its PE ratio to REIT - Office peers, historical averages, and growth expectations. A PE above the sector average may indicate overvaluation, but high-growth companies often command premium multiples. Consider pairing PE analysis with a DCF model for a more complete picture.
To value SL Green Realty Corp. using PE: (1) Compare the current PE against the REIT - Office median to assess relative pricing, (2) check the PEG ratio 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.
The PEG ratio divides the PE ratio by the expected earnings growth rate, providing a growth-adjusted valuation metric. A PEG below 1.0 may indicate undervaluation relative to growth, while above 2.0 may suggest overvaluation. PEG is most reliable for companies with stable, predictable earnings growth.
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.
