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Healthpeak Properties (Healthpeak Properties) Cyclically Adjusted PS Ratio : 4.46 (As of May. 25, 2024)


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What is Healthpeak Properties Cyclically Adjusted PS Ratio?

As of today (2024-05-25), Healthpeak Properties's current share price is $19.10. Healthpeak Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $4.28. Healthpeak Properties's Cyclically Adjusted PS Ratio for today is 4.46.

The historical rank and industry rank for Healthpeak Properties's Cyclically Adjusted PS Ratio or its related term are showing as below:

DOC' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.69   Med: 7.02   Max: 10.52
Current: 4.47

During the past years, Healthpeak Properties's highest Cyclically Adjusted PS Ratio was 10.52. The lowest was 3.69. And the median was 7.02.

DOC's Cyclically Adjusted PS Ratio is ranked better than
53.99% of 489 companies
in the REITs industry
Industry Median: 4.97 vs DOC: 4.47

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Healthpeak Properties's adjusted revenue per share data for the three months ended in Mar. 2024 was $0.999. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $4.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Healthpeak Properties Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Healthpeak Properties's Cyclically Adjusted PS 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.

Healthpeak Properties Cyclically Adjusted PS Ratio Chart

Healthpeak Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.17 7.37 8.54 5.81 4.66

Healthpeak Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 5.07 4.64 4.25 4.66 4.38

Competitive Comparison of Healthpeak Properties's Cyclically Adjusted PS Ratio

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Healthpeak Properties's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthpeak Properties's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Healthpeak Properties's Cyclically Adjusted PS Ratio falls into.



Healthpeak Properties Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Healthpeak Properties's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=19.10/4.28
=4.46

* 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.

Healthpeak Properties's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Healthpeak Properties's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.999/131.7762*131.7762
=0.999

Current CPI (Mar. 2024) = 131.7762.

Healthpeak Properties Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.169 100.560 1.532
201409 1.299 100.428 1.704
201412 -0.056 99.070 -0.074
201503 1.325 99.621 1.753
201506 1.315 100.684 1.721
201509 1.418 100.392 1.861
201512 0.141 99.792 0.186
201603 1.116 100.470 1.464
201606 1.142 101.688 1.480
201609 1.134 101.861 1.467
201612 1.153 101.863 1.492
201703 1.036 102.862 1.327
201706 0.979 103.349 1.248
201709 0.968 104.136 1.225
201712 0.945 104.011 1.197
201803 1.020 105.290 1.277
201806 0.999 106.317 1.238
201809 0.970 106.507 1.200
201812 -0.434 105.998 -0.540
201903 0.910 107.251 1.118
201906 1.027 108.070 1.252
201909 1.095 108.329 1.332
201912 -0.448 108.420 -0.545
202003 0.740 108.902 0.895
202006 0.759 108.767 0.920
202009 0.787 109.815 0.944
202012 0.801 109.897 0.960
202103 0.845 111.754 0.996
202106 0.874 114.631 1.005
202109 0.893 115.734 1.017
202112 0.896 117.630 1.004
202203 0.924 121.301 1.004
202206 0.959 125.017 1.011
202209 0.953 125.227 1.003
202212 0.975 125.222 1.026
202303 0.950 127.348 0.983
202306 0.997 128.729 1.021
202309 1.016 129.860 1.031
202312 1.011 129.419 1.029
202403 0.999 131.776 0.999

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Healthpeak Properties  (NYSE:DOC) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Healthpeak Properties Cyclically Adjusted PS Ratio Related Terms

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


Healthpeak Properties (Healthpeak Properties) Business Description

Traded in Other Exchanges
Address
4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 457 in-place properties spread across mainly medical office and life science assets, plus a handful of senior housing, hospital, and skilled nursing/post-acute care assets, as well.
Executives
Sara Grootwassink Lewis director C/O CAPITALSOURCE INC., 4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE MD 20815
James B. Connor director 600 E 96TH ST, #100, INDIANAPOLIS IN 46240
Thomas Klaritch officer: Executive Vice President 3760 KILROY AIRPORT WAY, LONG BEACH CA 90806
Scott M Brinker officer: EVP and CIO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Christine Garvey director 14100 E 35TH PLACE, AURORA CO 80011
Ankit B. Patadia officer: EVP and Treasurer 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Adam G Mabry officer: CIO 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Scott R Bohn officer: EVP, Co-Head of Life Science 5050 SOUTH SYRACUSE STREET, SUITE 800, DENVER CO 80237
Lisa A Alonso officer: EVP and Chief HR Officer 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Jeffrey H Miller officer: EVP - Senior Housing WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Katherine M Sandstrom director 4600 SOUTH SYRACUSE STREET, SUITE 500, DENVER CO 80237
Thomas M Herzog director, officer: President and CEO 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614
Griffin R Kent Jr director 5950 SHERRY LANE, SUITE 700, DALLAS TX 75225
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Glenn T Preston officer: SVP and SMD 1920 MAIN STREET, SUITE 1200, IRVINE CA 92614