Healthpeak Properties (NYSE:DOC) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Healthpeak Properties Forward PE Ratio Related Terms
Healthpeak Properties Forward PE Ratio Historical Data
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The historical data trend for Healthpeak Properties's Forward PE 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.
Healthpeak Properties Forward PE Ratio Chart
Healthpeak Properties Annual Data
Trend
2015-12
2016-12
2017-12
2018-12
2019-12
2020-12
2021-12
2022-12
2023-12
2024-12
2025-12
Forward PE Ratio
19.49
26.04
36.63
42.19
106.38
81.97
76.92
56.18
63.69
95.62
61.25
Healthpeak Properties Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-12
2021-03
2021-06
2021-09
2021-12
2022-03
2022-06
2022-09
2022-12
2023-03
2023-06
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
19.49
15.60
20.62
20.20
26.04
45.66
46.73
35.34
36.63
34.01
47.85
45.45
42.19
69.44
66.67
65.79
106.38
2,500.00
2,500.00
81.97
50.76
54.05
72.46
76.92
31.35
52.08
51.02
56.18
68.49
62.89
105.26
63.69
104.17
108.70
43.48
95.62
91.77
72.33
78.92
61.25
77.16
DOC vs OHI, AHR, CTRE: Forward PE Ratio Comparison
For the REIT - Healthcare Facilities subindustry, Healthpeak Properties's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Healthpeak Properties's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Healthpeak Properties's Forward PE Ratio falls into.
Healthpeak Properties Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Healthpeak Properties (DOC) has a Forward PE Ratio of 87.60 as of Jun. 27, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Healthpeak Properties and its competitors. According to the industry distribution chart, Healthpeak Properties ranks #440 out of 462 companies in the REITs industry, placing it in the top 95.2%.
Is Healthpeak Properties' Forward PE Ratio too high?
Healthpeak Properties' current Forward PE Ratio is 87.60. The REITs industry median Forward PE Ratio is 16.34. Healthpeak Properties' value of 87.60 is 436.1% above this industry median. Based on the distribution chart, Healthpeak Properties ranks #440 out of 462 companies in the REITs industry, which is in the bottom quartile relative to peers. 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' Forward PE Ratio compare to OHI and AHR?
According to the REITs industry distribution chart, Healthpeak Properties ranks #440 out of 462 companies for Forward PE Ratio. This places Healthpeak Properties in the lower half of its industry. The industry median Forward PE Ratio is 16.34. Healthpeak Properties' value of 87.60 is 436.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a REITs company?
The median Forward PE Ratio among REITs companies is 16.34, based on 462 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Healthpeak Properties's current Forward PE Ratio of 87.60 is 436.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Healthpeak Properties and its competitors. For the REITs industry, the median Forward PE Ratio is 16.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healthpeak Properties's current Forward PE Ratio is 87.60. 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 $19.56, compared to a current price of $21.55 — trading 10.2% above its estimated fair value. The current Forward PE Ratio is 87.60 and 436.1% above the REITs industry median of 16.34. Healthpeak Properties' overall GF Score™ is 74/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Healthpeak Properties (DOC), the current Forward PE Ratio is 87.60 as of Jun. 27, 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 $21.55 is trading 10.2% above its estimated GF Value™ of $19.56.
GuruFocus considers Healthpeak Properties to be Fairly Valued.
Key valuation signals for DOC:
Forward PE Ratio: 87.60
GF Value™: $19.56 vs. price of $21.55 (10.2% above fair value)
Industry Position: 436.1% above the REITs median (#440 of 462)
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 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
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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