DOC (Healthpeak Properties) E10: $1.02 (As of Mar. 2026)


DOC Healthpeak Properties Inc DOC
74 GF Score
Price $20.82
GF Value $19.55
Valuation Fairly Valued
! 8 Warning Signs
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What is Healthpeak Properties E10?

Healthpeak Properties DOC +1.26% 74 E10 is $1.02 as of Mar. 2026. GuruFocus rates DOC with a GF Score™ of 74/100 and a GF Value™ of $19.55 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Healthpeak Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.280. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $1.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Healthpeak Properties's average E10 Growth Rate was 13.30% per year. During the past 3 years, the average E10 Growth Rate was -5.60% per year. During the past 5 years, the average E10 Growth Rate was -7.00% per year. During the past 10 years, the average E10 Growth Rate was -4.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Healthpeak Properties was 14.70% per year. The lowest was -13.90% per year. And the median was 3.90% per year.

As of today (2026-06-24), Healthpeak Properties's current stock price is $20.82. Healthpeak Properties's E10 for the quarter that ended in Mar. 2026 was $1.02. Healthpeak Properties's Shiller PE Ratio of today is 20.41.

During the past 13 years, the highest Shiller PE Ratio of Healthpeak Properties was 29.67. The lowest was 14.62. And the median was 21.52.


Healthpeak Properties  (NYSE:DOC) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Healthpeak Properties's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=20.82/1.02
=20.41

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Healthpeak Properties was 29.67. The lowest was 14.62. And the median was 21.52.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Healthpeak Properties E10 Related Terms


Healthpeak Properties E10 Historical Data

* Premium members only.

The historical data trend for Healthpeak Properties's E10 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.

Healthpeak Properties E10 Chart

Healthpeak Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.27 1.20 1.01 0.81 1.01

Healthpeak Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.90 0.86 0.82 1.01 1.02

DOC vs OHI, AHR, CTRE: E10 Comparison

For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs REITs Industry

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

* The bar in red indicates where Healthpeak Properties's Shiller PE Ratio falls into.


DOC
74GF Score
Healthpeak Properties Inc DOC
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
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Healthpeak Properties E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Healthpeak Properties's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.28/330.2130*330.2130
=0.280

Current CPI (Mar. 2026) = 330.2130.

Healthpeak Properties Quarterly Data

per share eps CPI Adj_EPS
201606 0.640 241.018 0.877
201609 0.320 241.428 0.438
201612 0.120 241.432 0.164
201703 0.970 243.801 1.314
201706 0.040 244.955 0.054
201709 -0.020 246.819 -0.027
201712 -0.130 246.524 -0.174
201803 0.080 249.554 0.106
201806 0.190 251.989 0.249
201809 0.210 252.439 0.275
201812 1.730 251.233 2.274
201903 0.130 254.202 0.169
201906 -0.030 256.143 -0.039
201909 -0.090 256.759 -0.116
201912 0.090 256.974 0.116
202003 0.540 258.115 0.691
202006 0.090 257.797 0.115
202009 -0.120 260.280 -0.152
202012 0.270 260.474 0.342
202103 0.270 264.877 0.337
202106 0.510 271.696 0.620
202109 0.100 274.310 0.120
202112 0.050 278.802 0.059
202203 0.130 287.504 0.149
202206 0.130 296.311 0.145
202209 0.650 296.808 0.723
202212 0.010 296.797 0.011
202303 0.220 301.836 0.241
202306 0.090 305.109 0.097
202309 0.120 307.789 0.129
202312 0.130 306.746 0.140
202403 0.010 312.332 0.011
202406 0.210 314.175 0.221
202409 0.120 315.301 0.126
202412 0.010 315.605 0.010
202503 0.060 319.799 0.062
202506 0.050 322.561 0.051
202509 -0.170 324.800 -0.173
202512 0.160 324.054 0.163
202603 0.280 330.213 0.280

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $1.02 mean?
Healthpeak Properties (DOC) has a E10 of $1.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Healthpeak Properties and its competitors.
Is Healthpeak Properties' E10 too high?
Healthpeak Properties' current E10 is $1.02. Overall, Healthpeak Properties has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Healthpeak Properties' E10 compare to OHI and AHR?
Healthpeak Properties' E10 of $1.02 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a REITs company?
A good E10 depends on the REITs industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Healthpeak Properties and its competitors. Healthpeak Properties's current E10 is $1.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healthpeak Properties stock overvalued right now?
Based on GuruFocus' analysis, Healthpeak Properties (DOC) is currently considered Fairly Valued. The stock's GF Value™ is $19.55, compared to a current price of $20.82 — trading 6.5% above its estimated fair value. The current E10 is $1.02. Healthpeak Properties' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current E10 is $1.02 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Healthpeak Properties (DOC) Overvalued in 2026?

Based on GuruFocus' analysis, Healthpeak Properties stock appears to be overvalued. The current stock price of $20.82 is trading 6.5% above its estimated GF Value™ of $19.55. GuruFocus considers Healthpeak Properties to be Fairly Valued.

Key valuation signals for DOC:

  • E10: $1.02
  • GF Value™: $19.55 vs. price of $20.82 (6.5% above fair value)
  • GF Score™: 74/100 with 8 warning signs

No single metric tells the full story. See the DOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Healthpeak Properties Business Description

Industry Real EstateREITs
Other Exchanges HC5:GermanyP1EA34:Brazil
Address 4600 South Syracuse Street, Suite 500, Denver, CO, USA, 80237
Healthpeak owns a diversified healthcare portfolio of approximately 700 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.
74GF Score

Get the complete analysis for DOC

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$20.82
Price
$19.55
GF Value