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Highwoods Properties (Highwoods Properties) PEG Ratio : 7.77 (As of Apr. 25, 2024)


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What is Highwoods Properties PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Highwoods Properties's PE Ratio without NRI is 31.09. Highwoods Properties's 5-Year EBITDA growth rate is 4.00%. Therefore, Highwoods Properties's PEG Ratio for today is 7.77.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Highwoods Properties's PEG Ratio or its related term are showing as below:

HIW' s PEG Ratio Range Over the Past 10 Years
Min: 1.87   Med: 6.77   Max: 106.19
Current: 7.77


During the past 13 years, Highwoods Properties's highest PEG Ratio was 106.19. The lowest was 1.87. And the median was 6.77.


HIW's PEG Ratio is ranked worse than
72.17% of 212 companies
in the REITs industry
Industry Median: 3.435 vs HIW: 7.77

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Highwoods Properties PEG Ratio Historical Data

The historical data trend for Highwoods Properties's PEG Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Highwoods Properties PEG Ratio Chart

Highwoods Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.20 2.61 2.97 3.07 5.97

Highwoods Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.90 3.71 3.98 5.97 10.76

Competitive Comparison of Highwoods Properties's PEG Ratio

For the REIT - Office subindustry, Highwoods Properties's PEG Ratio, along with its competitors' market caps and PEG Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Highwoods Properties's PEG Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Highwoods Properties's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Highwoods Properties's PEG Ratio falls into.



Highwoods Properties PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Highwoods Properties's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=31.09243697479/4.00
=7.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


Highwoods Properties  (NYSE:HIW) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Highwoods Properties PEG Ratio Related Terms

Thank you for viewing the detailed overview of Highwoods Properties's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Highwoods Properties (Highwoods Properties) Business Description

Traded in Other Exchanges
N/A
Address
150 Fayetteville Street, Suite 1400, Raleigh, NC, USA, 27601
Highwoods Properties Inc is a real estate investment trust engaged in the acquisition, ownership, management, and leasing of properties in urban areas throughout the Southern United States. In terms of total square footage, the vast majority of the company's real estate portfolio comprises office buildings in terms. Highwoods Properties derives nearly all of its income in the form of rental revenue from the tenants of its buildings. The majority of this revenue comes from its holdings in the urban markets of Atlanta, Raleigh, Nashville, and Tampa. These cities also account for the majority of the square footage under the company's ownership. Highwoods Properties' largest customers include the U.S. Government, financial services firms, industrial supply retailers, and healthcare companies.
Executives
Brian M Leary officer: EVP & COO 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Theodore J Klinck officer: VP/Chief Investment Officer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Brendan C Maiorana officer: EVP of Finance & IR 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Jeffrey Douglas Miller officer: General Counsel & Sec. 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
David L Gadis director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Mark F Mulhern director 410 S. WILMINGTON STREET, RALEIGH NC 27601
David John Hartzell director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Thomas P Anderson director 3751 GRISSOM PARKWAY, SUITE 100, MYRTLE BEACH SC 29577
Carlos E Evans director 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27616
Anne H Lloyd director
Sherry A Kellett director
Edward J Fritsch director, officer: EVP & COO
Kevin E Penn officer: VP/Chief Strategy & Admin 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604
Michael E Harris officer: Sr. Vice President
Terry L Stevens officer: VP, CFO & Treasurer 3100 SMOKETREE COURT, SUITE 600, RALEIGH NC 27604

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