Safehold Inc. (SAFE) P/E Ratio History
Historical price-to-earnings valuation from 1990 to 2025
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SAFE Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Safehold Inc. (SAFE) trades at a price-to-earnings ratio of 9.2x, with a stock price of $14.62 and trailing twelve-month earnings per share of $1.59.
The current P/E is 77% below its 5-year average of 40.3x. Over the past five years, SAFE's P/E has ranged from a low of 8.6x to a high of 91.4x, placing the current valuation at the 5th percentile of its historical range.
Compared to the Real Estate sector median P/E of 24.1x, SAFE trades at a 62% discount to its sector peers. The sector includes 170 companies with P/E ratios ranging from 1.1x to 165.1x.
The PEG ratio of 1.45 (P/E divided by 7% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, SAFE trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our SAFE DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
SAFE P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $2B | 254.0 | 4.34 | +150%Best | |
| $2B | 24.4 | - | +8% | |
| $3B | 23.1 | - | +2% | |
| $59B | 54.3 | - | +19% | |
| $8B | 21.5Lowest | 1.92 | -4% | |
| $7B | 24.4 | 1.02Best | +11% | |
| $9B | 42.9 | - | -1% | |
| $16B | 34.7 | - | +1% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
SAFE Historical P/E Data (1990–2025)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $13.69 | $1.60 | 8.6x | -84% |
| FY2025 Q3 | $15.49 | $1.57 | 9.9x | -81% | |
| FY2025 Q2 | Mon Jun 30 2025 00:00:00 GM | $15.56 | $1.43 | 10.9x | -80% |
| FY2025 Q1 | Mon Mar 31 2025 00:00:00 GM | $18.72 | $1.46 | 12.8x | -76% |
| FY2024 Q4 | $18.48 | $1.48 | 12.5x | -76% | |
| FY2024 Q3 | Mon Sep 30 2024 00:00:00 GM | $26.23 | $1.70 | 15.4x | -71% |
| FY2022 Q1 | $55.45 | $0.61 | 91.4x | +72% | |
| FY2021 Q4 | Fri Dec 31 2021 00:00:00 GM | $79.85 | $0.96 | 83.3x | +57% |
| FY2021 Q3 | $71.89 | $1.27 | 56.6x | +7% | |
| FY2021 Q2 | Wed Jun 30 2021 00:00:00 GM | $78.50 | $1.17 | 67.1x | +26% |
| FY2021 Q1 | Wed Mar 31 2021 00:00:00 GM | $70.10 | $1.13 | 62.0x | +17% |
| FY2020 Q4 | $72.49 | $1.17 | 62.0x | +17% |
Average P/E for displayed period: 53.1x
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Start ComparisonSAFE — Frequently Asked Questions
Quick answers to the most common questions about buying SAFE stock.
Is SAFE stock overvalued or undervalued?
SAFE trades at 9.2x P/E, below its 5-year average of 40.3x. At the 5th percentile of historical range, the stock is priced at a discount to its own history.
How does SAFE's valuation compare to peers?
Safehold Inc. P/E of 9.2x compares to sector median of 24.1x. The discount suggests lower growth expectations or higher risk.
What is SAFE's PEG ratio?
SAFE PEG ratio is 1.45. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1990-2025.