A 265/80R16 tire is 32.7 inches (830 mm) tall and 10.4 inches wide. The sidewall is 80% of the width, 8.3 inches, on a 16-inch wheel, and the tire turns about 617 times per mile.
In flotation terms that is about 32.7x10.4R16, closest to the common 33x12.50R16 (33.0"). People often call it a 33-inch tire.
The size most often compared with it is 285/75R16, which is 0.1" taller (+0.4%). At an indicated 60 mph you would be doing 60.3 mph on it.