Start with its own history
At 32.88×, BXP is 77.2% below its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · BXPREIT - OfficeUpdated Oct 23, 2026
BXP, Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
32.88×
77.2% belowthe 10-year annual average
Share price61.49
÷Earnings per share1.87
Price and EPS in quote currency. Calculation details
Investors are paying 32.88 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 144.06×
3-year average305.84×3 positive annual observations
5-year average193.24×5 positive annual observations
10-year average144.06×10 positive annual observations
Peer median · TTM83.61×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 38.78× | -95.3% |
| Dec 31, 2024 | 820.75× | +1315.3% |
| Dec 31, 2023 | 57.99× | +365.1% |
| Dec 31, 2022 | 12.47× | -65.6% |
| Dec 31, 2021 | 36.22× | +112.3% |
| Dec 31, 2020 | 17.06× | -95.0% |
| Dec 31, 2019 | 344.65× | +1054.4% |
| Dec 31, 2018 | 29.85× | -32.7% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 44.38× | +15.4% |
| Dec 31, 2016 | 38.46× | +12.5% |
| Dec 31, 2015 | 34.19× | -24.8% |
| Dec 31, 2014 | 45.47× | +120.6% |
| Dec 31, 2013 | 20.61× | -62.4% |
| Dec 31, 2012 | 54.82× | +2.9% |
| Dec 31, 2011 | 53.26× | -29.5% |
| Dec 31, 2010 | 75.53× | +98.2% |
| Dec 31, 2009 | 38.11× | -39.0% |
| Dec 31, 2008 | 62.50× | +656.3% |
| Dec 31, 2007 | 8.26× | -43.7% |
| Dec 31, 2006 | 14.68× | -22.0% |
| Dec 31, 2005 | 18.81× | -22.3% |
| Dec 31, 2004 | 24.22× | +86.5% |
| Dec 31, 2003 | 12.99× | +61.0% |
| Dec 31, 2002 | 8.07× | -52.5% |
| Dec 31, 2001 | 16.96× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How BXP compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 BXP This stockBXP, Inc. | 32.88× |
 SLGSL Green Realty Corp. | N/M |
 PDMPiedmont Office Realty Trust, Inc. | N/M |
 KRCKilroy Realty Corporation | 143.88× |
 HPPHudson Pacific Properties, Inc. | N/M |
 CDPCOPT Defense Properties | 23.33× |
 CUZCousins Properties Incorporated | 697.57× |
 HIWHighwoods Properties, Inc. | 20.05× |
 NLOPNet Lease Office Properties | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does BXP’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 83.61×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take BXP into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("BXP", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 61.49 ÷ EPS 1.87 = 32.88×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 23, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
BXP P/E ratio: common questions
The essentials behind the numbers.
BXP, Inc.'s current P/E is 32.88× based on the quote data last updated Oct 23, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.