Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 46.07.
Forward PE Ratio (46.07) = Close Price ($20.66) / Consensus Forward EPS ($0.45)
FORWARD PE RATIO
46.07
SECTOR MEDIAN · REAL ESTATE
31.88
median of 37 covered companies
CURRENT VS SECTOR MEDIAN
+44.51%
vs the sector median at left
Healthpeak Properties, Inc.
Market Cap
$14.24B
Forward PE Ratio
46.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Healthpeak Properties, Inc. (DOC) | $14.24B | 46.07 |
| Regency Centers Corporation (REG)vs › | $13.88B | 30.12 |
| Sun Communities, Inc. (SUI)vs › | $14.81B | N/A |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.00B | 34.81 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.11B | 15.97 |
| Kimco Realty Corporation (KIM)vs › | $16.05B | 28.17 |
| CoStar Group, Inc. (CSGP)vs › | $12.29B | N/A |
| Weyerhaeuser Company (WY)vs › | $16.49B | 70.06 |
| UDR, Inc. (UDR)vs › | $11.69B | 33.85 |
| Invitation Homes Inc. (INVH)vs › | $16.88B | 28.22 |
Trailing P/E
59.0
reported TTM EPS
Forward P/E
46.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.45 implies +28.6% EPS growth vs the reported trailing $0.35.
At today's $20.66 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $0.45 | $0.44 – $0.46 | 3 | 46.1x |
| 2027-12-31 | $0.22 | $0.22 – $0.23 | 4 | 93.6x |
| 2028-12-31 | $0.29 | $0.27 – $0.31 | 2 | 70.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute