Question 1

What is Medical Properties Trust's P/E ratio?

Accepted Answer

Medical Properties Trust (MPT) P/E ratio is 39.9× as of November 8, 2023. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Medical Properties Trust?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Medical Properties Trust specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Medical Properties Trust's P/E ratio high or low?

Accepted Answer

Medical Properties Trust's P/E ratio of 39.9× is above its own 5-year average of 21.2× and above the sector median of 28.1×. That places the current reading at the 90th 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 Medical Properties Trust's historical P/E ratio range?

Accepted Answer

In the available daily series, Medical Properties Trust (MPT) P/E ratio has ranged from a low of 4.8× in 2023 to a high of 70.6× in 2023. The 5-year average is 21.2× and the 5-year median is 16.2×.

Question 7

What was Medical Properties Trust's P/E ratio in 2022?

Accepted Answer

Medical Properties Trust (MPT) P/E ratio at the end of 2022 was 7.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Medical Properties Trust's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$3B	-$277M	—	—	Dec 31, 2025
2024	$2.37B	-$2.41B	—	—	Dec 31, 2024
2023	$2.94B	-$556M	—	—	Dec 31, 2023
2022	$6.66B	$903M	7.4×	-14.1×	Dec 31, 2022
2021	$14.1B	$656M	21.5×	-5.6×	Dec 31, 2021
2020	$11.7B	$431M	27.1×	-0.7×	Dec 31, 2020
2019	$10.4B	$375M	27.8×	+22.0×	Dec 31, 2019
2018	$5.9B	$1.02B	5.8×	-11.5×	Dec 31, 2018
2017	$5.02B	$290M	17.3×	-0.2×	Dec 31, 2017
2016	$3.93B	$225M	17.5×	-2.1×	Dec 31, 2016
2015	$2.73B	$140M	19.5×	-27.5×	Dec 31, 2015
2014	$2.38B	$50.5M	47.0×	+26.7×	Dec 31, 2014
2013	$1.97B	$97M	20.3×	+2.4×	Dec 31, 2013
2012	$1.61B	$89.9M	17.9×	-25.9×	Dec 31, 2012
2011	$1.16B	$26.5M	43.8×	-6.1×	Dec 31, 2011
2010	$1.14B	$22.9M	49.9×	+28.3×	Dec 31, 2010
2009	$784M	$36.3M	21.6×	+8.4×	Dec 31, 2009
2008	$437M	$33.2M	13.2×	+1.2×	Dec 31, 2008
2007	$493M	$41.2M	12.0×	-8.9×	Dec 31, 2007
2006	$630M	$30.2M	20.9×	+3.0×	Dec 31, 2006
2005	$351M	$19.6M	17.9×	—	Dec 31, 2005


Digital Realty Trust (DLR)	45.1×
Weyerhaeuser (WY)	44.4×
Agree Realty (ADC)	41.1×
Mid-America Apartment Communities (MAA)	36.5×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Prologis (PLD)	30.0×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Camden Property Trust (CPT)	26.4×
BXP (BXP)	26.0×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Medical Properties Trust (MPT) 2005-2026

P/E Ratio daily chart for Medical Properties Trust (MPT)

Historical P/E Ratio for Medical Properties Trust (MPT) from 2005 to 2025

About P/E Ratio at Medical Properties Trust (MPT)

Medical Properties Trust P/E Ratio by Year

Medical Properties Trust P/E Ratio 2022: 7.4×

Medical Properties Trust P/E Ratio 2021: 21.5×

Medical Properties Trust P/E Ratio 2020: 27.1×

Medical Properties Trust P/E Ratio 2019: 27.8×

Medical Properties Trust P/E Ratio 2018: 5.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Medical Properties Trust (MPT) Key Financials