Healthpeak Properties, Inc. (DOC)

Financial Services · Real Estate · Price $21.06
Updated: Aug 29, 2026
High Multiple — Financials
P/E of 60.17x exceeds the 20x elevated threshold — requires exceptional sustained growth to justify.
P/E Ratio (TTM)
60.17x
Very high P/E - extreme growth expectations or speculative
Earnings Yield
1.66%
1 / P/E Ratio
EPS (TTM)
$0.35
Diluted Earnings Per Share
Stock Price
$21.06
Current Market Price
PEG Ratio
1.50
Moderately priced for growth
Earnings Growth
3.60%
Net Income Growth (Linear)

🧮 DOC P/E Ratio Calculation

P/E Ratio = Stock Price ÷ Earnings Per Share (TTM)
Stock Price $21.06
÷
Earnings Per Share (TTM) $0.35
= P/E Ratio 60.17x

What is the P/E Ratio?

The Price-to-Earnings (P/E) Ratio is one of the most widely used valuation metrics. It tells you how much investors are willing to pay for each dollar of a company's earnings. Zyberno calculates P/E using trailing twelve month (TTM) diluted earnings from official SEC filings.

P/E Ratio = Stock Price ÷ Earnings Per Share (TTM)
Using diluted EPS which accounts for stock options and convertible securities

How to Interpret the P/E Ratio

Low P/E (Under 15x)

May indicate undervaluation, or the market expects declining earnings. Common in mature, slow-growth industries.

Average P/E (15-20x)

Roughly in line with historical S&P 500 average. Suggests fairly valued with moderate growth expectations.

High P/E (20-35x)

Investors expect above-average earnings growth. Common for technology companies and market leaders.

Very High P/E (35x+)

Extreme growth expectations priced in. Significant valuation risk if growth slows.

PEG Ratio: P/E Adjusted for Growth

The PEG Ratio addresses a key limitation of P/E by factoring in earnings growth. A PEG of 1.0 suggests fair value; below 1.0 may indicate undervaluation, while above 2.0 suggests a premium price for growth.

PEG Ratio = P/E Ratio ÷ Earnings Growth Rate
DOC: 60.17x ÷ 3.60% = 1.50

P/E Ratio Limitations

The P/E ratio doesn't work for companies with negative earnings. It can be manipulated by one-time charges or gains, and it doesn't account for debt levels or growth rates. Use P/E alongside PEG ratio, EV/EBITDA, and Owner Earnings yield for a complete picture.

Comparing Valuation Metrics

EPS: $0.35 →

The denominator in the P/E calculation. Represents profit allocated to each outstanding share.

Price-to-Book: N/A

Compares stock price to book value. Useful for asset-heavy industries like banking and manufacturing.

EV/EBITDA: N/A

Accounts for debt and is useful for comparing companies with different capital structures.

Owner Earnings Yield →

Warren Buffett's preferred metric. Shows cash return to owners as a percentage of market cap.

📊 Full DOC Stock Report

Intrinsic value, margin of safety, DCF valuation, and 250+ metrics.

📈 DOC Earnings Per Share

Deep dive into EPS trends, quarterly history, and earnings growth analysis.

🏆 DOC ROIC

Measure capital efficiency — how well management deploys every dollar invested.

💎 DOC Intrinsic Value

Calculate what DOC is truly worth using DCF and Owner Earnings models.

💵 DOC Owner Earnings

Warren Buffett's preferred measure of true earning power and cash generation.

🛡️ DOC Margin of Safety

See if DOC is trading below its intrinsic value.

View Full DOC Report Find More Quality Stocks
📊 Valuation Trilogy
Three interconnected metrics built on Owner Earnings
💎
Intrinsic Value
DCF Fair Value
🛡️
Margin of Safety
Valuation Gap
🎯
Expected Return
Projected Annual
Click any metric for full methodology and detailed analysis

Summary: DOC P/E Ratio

Healthpeak Properties, Inc. (DOC) trades at a P/E of 60.17x, which Zyberno classifies as a high multiple for a Financials company — above the 20x elevated threshold for financial companies where balance sheet leverage is already embedded in earnings. Requires exceptional sustained growth to justify. Earnings yield: 1.66%.

Based on 0 quarters of SEC filings, DOC's EPS is currently $0.35 on a trailing twelve-month basis. Zyberno cross-references the P/E ratio with business quality — a high multiple on a high-quality business (strong ROE, ROIC, and FCF) carries less risk than the same multiple on a weaker business. For complete financial analysis, view the full DOC stock report on Zyberno.

Frequently Asked Questions

What is DOC's current P/E Ratio?

Healthpeak Properties, Inc.'s trailing twelve month (TTM) P/E Ratio is 60.17x, within the context of Financials sector multiples where Zyberno considers 10–15x moderate. Investors are paying $60.17 for every $1 of annual earnings.

Is DOC's P/E Ratio high or low?

Healthpeak Properties, Inc. (DOC) trades at a P/E of 60.17x, which Zyberno classifies as a high multiple for a Financials company — above the 20x elevated threshold for financial companies where balance sheet leverage is already embedded in earnings. Requires exceptional sustained growth to justify. Earnings yield: 1.66%.

What is DOC's earnings yield?

DOC's earnings yield is 1.66%, which is the inverse of the P/E ratio (1 ÷ P/E). This represents the theoretical return if all earnings were distributed to shareholders.

How is P/E Ratio calculated?

P/E Ratio = Stock Price ÷ EPS. For DOC: $21.06 ÷ $0.35 = 60.17x.

What is DOC's PEG Ratio?

DOC's PEG Ratio is 1.50. Moderately priced for growth. PEG below 1.0 is often considered undervalued, while above 2.0 may indicate overvaluation relative to growth.

📊 Full DOC Stock Report

See DOC's intrinsic value, margin of safety, DCF valuation, and complete financial analysis with 250+ metrics.

🏆 DOC ROIC

Compare to Return on Invested Capital — the most comprehensive measure of capital efficiency.

📈 DOC ROE

Compare to Return on Equity and understand the impact of leverage on returns.

🎯 DOC Earnings Surprise (SUE)

See whether DOC is beating or missing its own earnings trend — Standardized Unexpected Earnings and post-earnings drift.

👤 DOC Owner Earnings

Warren Buffett's preferred measure of true economic earnings available to owners.

💰 DOC Net Income

See the bottom-line profit that drives return calculations.

📊 DOC EPS

Earnings per share — net income on a per-share basis.

View Full DOC Report Find More Quality Stocks
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