Diversified Healthcare TrustDHC +0.74%56 PB Ratio is 1.42 as of Jun. 28, 2026, which is 230% above its 10-year median of 0.43. GuruFocus rates DHC with a GF Score™ of 56/100 and a GF Value™ of $3.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 934 REITs companies, Diversified Healthcare Trust ranks worse than 83.62% on this metric.
Diversified Healthcare Trust stock PB Ratio (=1.42) is close to 5-year high of 1.42.
The historical rank and industry rank for Diversified Healthcare Trust's PB Ratio or its related term are showing as below:
DHC'
s PB Ratio Range Over the Past 10 Years
Min: 0.06 Med: 0.43 Max: 1.64
Current: 1.42
During the past 13 years, Diversified Healthcare Trust's highest PB Ratio was 1.64. The lowest was 0.06. And the median was 0.43.
DHC's PB Ratio is ranked worse than 83.62% of 934
companies
in the REITs industry
Industry Median: 0.87
vs DHC: 1.42
During the past 12 months, Diversified Healthcare Trust's average Book Value Per Share Growth Rate was -17.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -8.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -6.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Diversified Healthcare Trust was 5.50% per year. The lowest was -18.80% per year. And the median was -1.90% per year.
Back to Basics: PB Ratio
Diversified Healthcare Trust (NAS:DHC) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Diversified Healthcare Trust PB Ratio Related Terms
Diversified Healthcare Trust PB Ratio Historical Data
* 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.
For the REIT - Healthcare Facilities subindustry, Diversified Healthcare Trust's PB Ratio, along with its competitors' market caps and PB 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.
Diversified Healthcare Trust PB Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Diversified Healthcare Trust's PB Ratio distribution charts can be found below:
* The bar in red indicates where Diversified Healthcare Trust's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Diversified Healthcare Trust (DHC) has a PB Ratio of 1.42 as of Jun. 28, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Diversified Healthcare Trust and its competitors. This is 230% above median its historical median of 0.43. Over the past decade, Diversified Healthcare Trust's PB Ratio has ranged from 0.06 to 1.64. According to the industry distribution chart, Diversified Healthcare Trust ranks #781 out of 934 companies in the REITs industry, placing it in the top 83.6%.
Is Diversified Healthcare Trust's PB Ratio too high?
Diversified Healthcare Trust's current PB Ratio of 1.42 is 230% above median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.64. The REITs industry median PB Ratio is 0.87. Diversified Healthcare Trust's value of 1.42 is 63.2% above this industry median. Based on the distribution chart, Diversified Healthcare Trust ranks #781 out of 934 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Diversified Healthcare Trust has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Diversified Healthcare Trust's PB Ratio compare to LTC and SILA?
According to the REITs industry distribution chart, Diversified Healthcare Trust ranks #781 out of 934 companies for PB Ratio. This places Diversified Healthcare Trust in the lower half of its industry. The industry median PB Ratio is 0.87. Diversified Healthcare Trust's value of 1.42 is 63.2% above this benchmark. Historically, Diversified Healthcare Trust's own PB Ratio has ranged from 0.06 to 1.64 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.87, Diversified Healthcare Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a REITs company?
The median PB Ratio among REITs companies is 0.87, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diversified Healthcare Trust's current PB Ratio of 1.42 is 63.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Diversified Healthcare Trust and its competitors. For the REITs industry, the median PB Ratio is 0.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diversified Healthcare Trust's current PB Ratio is 1.42, which is 230% above median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diversified Healthcare Trust stock overvalued right now?
Based on GuruFocus' analysis, Diversified Healthcare Trust (DHC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.20, compared to a current price of $9.49 — trading 196.6% above its estimated fair value. The current PB Ratio is 1.42, which is 230% above median its 10-year median of 0.43 and 63.2% above the REITs industry median of 0.87. Diversified Healthcare Trust's overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Diversified Healthcare Trust (DHC), the current PB Ratio is 1.42 as of Jun. 28, 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 Diversified Healthcare Trust (DHC) Overvalued in 2026?
Based on GuruFocus' analysis, Diversified Healthcare Trust stock appears to be overvalued.
The current stock price of $9.49 is trading 196.6% above its estimated GF Value™ of $3.20.
GuruFocus considers Diversified Healthcare Trust to be Significantly Overvalued.
Key valuation signals for DHC:
PB Ratio: 1.42 (230% above median its 10-year median of 0.43)
GF Value™: $3.20 vs. price of $9.49 (196.6% above fair value)
Industry Position: 63.2% above the REITs median (#781 of 934)
No single metric tells the full story. See the DHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diversified Healthcare Trust is a real estate investment trust that focuses on healthcare-related properties, including life science estates, medical offices, and senior living communities. It acquires and owns properties and is engaged in the development and implementation of medical services and technologies. The company has two reportable segments: SHOP (Senior Housing Operating Portfolio) and Medical Office and Life Science Portfolio. The SHOP segment includes managed senior living communities providing residential living and care services. The Medical Office and Life Science Portfolio segment consists of properties leased to medical providers and biotechnology laboratories. It generates the majority of its revenue from the SHOP segment.
56GF Score
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