Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 56.24.
Forward PE Ratio (56.24) = Close Price ($20.64) / Consensus Forward EPS ($0.36)
FORWARD PE RATIO
56.24
SECTOR MEDIAN · REAL ESTATE
34.00
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+65.39%
vs the sector median at left
Healthpeak Properties, Inc.
Market Cap
$14.23B
Forward PE Ratio
56.24
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Healthpeak Properties, Inc. (DOC) | $14.23B | 56.24 |
| Sun Communities, Inc. (SUI)vs › | $14.55B | 53.63 |
| Regency Centers Corporation (REG)vs › | $13.82B | 30.62 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $15.40B | 38.17 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.61B | 16.36 |
| CoStar Group, Inc. (CSGP)vs › | $12.27B | N/A |
| Kimco Realty Corporation (KIM)vs › | $16.23B | 28.91 |
| UDR, Inc. (UDR)vs › | $11.97B | 41.58 |
| Camden Property Trust (CPT)vs › | $10.93B | 96.47 |
| BXP, Inc. (BXP)vs › | $10.82B | 32.94 |
Trailing P/E
58.6
reported TTM EPS
Forward P/E
56.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $0.36 implies +2.9% EPS growth vs the reported trailing $0.35.
At today's $20.64 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 | $0.36 | $0.36 – $0.37 | 2 | 56.6x |
| 2027-12-31 | $0.12 | $0.11 – $0.13 | 3 | 170.0x |
| 2028-12-31 | $0.11 | $0.09 – $0.12 | 1 | 184.2x |
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
