A simulation apparatus includes a memory, and a second processor configured to detect an internal state of the first processor in the operation simulation, when a target block in the operation simulation changes, the target block being included in blocks obtained by dividing code of the program, generate association information in which the internal state detected by the detecting section and performance values of instructions included in the target block in the detected internal state are associated with each other, and execute an execution code that allows a performance value when the first processor executes the target block to be calculated based on the association information, by using the internal state detected and the association information generated for the target block, to thereby calculate a performance value when the first processor executes the target block.