Question 1

What is Healthpeak Properties's P/S ratio?

Accepted Answer

Healthpeak Properties (DOC) P/S ratio is 4.8× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for Healthpeak Properties?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For Healthpeak Properties specifically, the relevant sector benchmark is the current sector median of 7.0×.

Question 5

Is Healthpeak Properties's P/S ratio high or low?

Accepted Answer

Healthpeak Properties's P/S ratio of 4.8× is below its own 5-year average of 6.6× and below the sector median of 7.0×. That places the current reading at the 32th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Healthpeak Properties's historical P/S ratio range?

Accepted Answer

In the available daily series, Healthpeak Properties (DOC) P/S ratio has ranged from a low of 3.9× in 2025 to a high of 17.2× in 2021. The 5-year average is 6.6× and the 5-year median is 5.5×.

Question 7

What was Healthpeak Properties's P/S ratio in 2025?

Accepted Answer

Healthpeak Properties (DOC) P/S ratio at the end of 2025 was 4.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does Healthpeak Properties's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$11.19B	$2.82B	4.0×	-1.3×	Dec 31, 2025
2024	$14.18B	$2.70B	5.3×	+0.3×	Dec 31, 2024
2023	$10.83B	$2.18B	5.0×	-1.6×	Dec 31, 2023
2022	$13.49B	$2.06B	6.5×	-3.7×	Dec 31, 2022
2021	$19.46B	$1.90B	10.3×	-4.7×	Dec 31, 2021
2020	$16.28B	$1.09B	15.0×	+6.4×	Dec 31, 2020
2019	$17.14B	$2.00B	8.6×	+1.4×	Dec 31, 2019
2018	$13.21B	$1.85B	7.2×	+0.5×	Dec 31, 2018
2017	$12.24B	$1.85B	6.6×	-1.3×	Dec 31, 2017
2016	$13.91B	$1.76B	7.9×	+0.9×	Dec 31, 2016
2015	$17.76B	$2.54B	7.0×	-1.9×	Dec 31, 2015
2014	$20.24B	$2.27B	8.9×	+1.1×	Dec 31, 2014
2013	$16.57B	$2.11B	7.9×	-2.8×	Dec 31, 2013
2012	$20.23B	$1.89B	10.7×	—	Dec 31, 2012


STAG Industrial (STAG)	8.0×
AvalonBay Communities (AVB)	7.5×
American Tower (AMT)	7.4×
VICI Properties (VICI)	7.2×
Equity Residential (EQR)	7.1×
Kimco Realty (KIM)	7.0×
Federal Realty Investment Trust (FRT)	7.0×
Camden Property Trust (CPT)	6.5×
UDR (UDR)	6.4×
Tanger (SKT)	6.4×
Mid-America Apartment Communities (MAA)	6.4×
SBA Communications (SBAC)	6.4×
Ventas (VTR)	6.3×
Invitation Homes (INVH)	5.4×
CoStar Group (CSGP)	4.9×
Apartment Investment and Management (AIV)	4.5×
Iron Mountain (IRM)	4.2×
Universal Health Realty Income Trust (UHT)	3.8×
Alexandria Real Estate Equities (ARE)	3.0×
Medical Properties Trust (MPT)	2.8×
BXP (BXP)	2.4×
Host Hotels & Resorts (HST)	2.2×
Arbor Realty Trust (ABR)	1.2×
Opendoor Technologies (OPEN)	1.1×
CBRE Group (CBRE)	0.9×

P/S Ratio for Healthpeak Properties (DOC)

P/S Ratio daily chart for Healthpeak Properties (DOC)

Historical P/S Ratio for Healthpeak Properties (DOC) from 2012 to 2025

About P/S Ratio at Healthpeak Properties (DOC)

Healthpeak Properties P/S Ratio by Year

Healthpeak Properties P/S Ratio 2025: 4.0×

Healthpeak Properties P/S Ratio 2024: 5.3×

Healthpeak Properties P/S Ratio 2023: 5.0×

Healthpeak Properties P/S Ratio 2022: 6.5×

Healthpeak Properties P/S Ratio 2021: 10.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

Healthpeak Properties (DOC) Key Financials

P/S Ratio daily chart for Healthpeak Properties (DOC)

Historical P/S Ratio for Healthpeak Properties (DOC) from 2012 to 2025

About P/S Ratio at Healthpeak Properties (DOC)

Healthpeak Properties P/S Ratio by Year

Healthpeak Properties P/S Ratio 2025: 4.0×

Healthpeak Properties P/S Ratio 2024: 5.3×

Healthpeak Properties P/S Ratio 2023: 5.0×

Healthpeak Properties P/S Ratio 2022: 6.5×

Healthpeak Properties P/S Ratio 2021: 10.3×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is Healthpeak Properties's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for Healthpeak Properties?

+Is Healthpeak Properties's P/S ratio high or low?

+What is Healthpeak Properties's historical P/S ratio range?

+What was Healthpeak Properties's P/S ratio in 2025?

+Why does Healthpeak Properties's P/S ratio change over time?

Healthpeak Properties (DOC) Key Financials