DOC
Healthpeak OP LLC
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: DOC
- PE Ratio
The PE ratio for Healthpeak OP LLC stock stands at 37.0 as of Nov 13, 2026. This is calculated based on the TTM EPS of $0.54 and the stock price of $19.98 per share. A decrease of 52% has been observed in the PE ratio compared to its average of 77.6 of the last four quarters.
DOC PE ratio history
Over the last ten years, the average PE ratio of Healthpeak OP LLC has been 55.33. The current 37.0 P/E ratio is 33% lower than the historical average. Looking back at the last ten years, DOC's PE ratio peaked in the Dec 2019 quarter at 383, with a price of $34.47 and an EPS of $0.09. The Dec 2018 quarter marked the lowest point at 12.41, with a price of $27.93 and an EPS of $2.25.
Healthpeak OP LLC PE ratio by year
Maximum annual increase: 2,986.22% in 2019
Maximum annual decrease: -89.75% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 160.8 | 185.56% | $16.08 | $0.1 |
| 2024 | 56.31 | 59.25% | $20.27 | $0.36 |
| 2023 | 35.36 | 29.76% | $19.8 | $0.56 |
| 2022 | 27.25 | -29.79% | $25.07 | $0.92 |
| 2021 | 38.81 | -1.15% | $36.09 | $0.93 |
| 2020 | 39.26 | -89.75% | $30.23 | $0.77 |
| 2019 | 383 | 2,986.22% | $34.47 | $0.09 |
| 2018 | 12.41 | -58.13% | $27.93 | $2.25 |
| 2017 | 29.64 | 33.63% | $26.08 | $0.88 |
| 2016 | 22.18 | N/A | $29.72 | $1.34 |
| 2015 | N/A | N/A | $38.24 | -$1.21 |
| 2014 | 21.91 | 28.5% | $44.03 | $2.01 |
| 2013 | 17.05 | -28.27% | $36.32 | $2.13 |
| 2012 | 23.77 | -26% | $45.16 | $1.9 |
| 2011 | 32.12 | -11.83% | $41.43 | $1.29 |
Healthpeak OP LLC PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2026 | 36.98 | -39.52% | $19.97 | $0.54 |
| Jun 2026 | 61.14 | 19.09% | $21.4 | $0.35 |
| Mar 2026 | 51.34 | -68.07% | $16.43 | $0.32 |
| Dec 2025 | 160.8 | N/A | $16.08 | $0.1 |
| Sep 2025 | N/A | N/A | $19.15 | -$0.06 |
| Jun 2025 | 76.13 | 46.83% | $17.51 | $0.23 |
| Mar 2025 | 51.85 | -7.92% | $20.22 | $0.39 |
| Dec 2024 | 56.31 | 15.72% | $20.27 | $0.36 |
| Sep 2024 | 48.66 | 16.69% | $22.87 | $0.47 |
| Jun 2024 | 41.7 | -22.16% | $19.6 | $0.47 |
| Mar 2024 | 53.57 | 51.5% | $18.75 | $0.35 |
| Dec 2023 | 35.36 | -15.26% | $19.8 | $0.56 |
| Sep 2023 | 41.73 | 103.46% | $18.36 | $0.44 |
| Jun 2023 | 20.51 | -4.78% | $20.1 | $0.98 |
| Mar 2023 | 21.54 | -20.95% | $21.97 | $1.02 |
DOC Price vs fair value
DOC average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of DOC is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 37, DOC ranks higher than the Real Estate sector and the industry average. In comparison with the Real Estate sector average of 28.6, Healthpeak OP LLC's price to earnings (P/E) is 29% higher.
DOC PE vs peers
Frequently asked questions
What is Healthpeak OP LLC's PE ratio?
The price to earnings ratio for DOC stock is 37 as of Nov 13, 2026.
What is the 3-year average PE ratio for Healthpeak OP LLC (DOC)?
The average PE ratio for DOC stock over the past 3 years is 61.26.
What is the 5-year average PE ratio for Healthpeak OP LLC (DOC)?
The average PE ratio for DOC stock over the past 5 years is 50.21.
What is the highest PE ratio for DOC?
The highest quarterly PE ratio in the last ten years has been 383 and it was in the Dec 2019 quarter.
How does the current PE ratio for DOC compare to its historical average?
The current PE ratio of DOC is 33% lower than the 10-year historical average.
How is DOC's PE ratio calculated (Healthpeak OP LLC PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 13, 2026), Healthpeak OP LLC's share price is $19.98. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2026 is $0.54. Therefore, Healthpeak OP LLC's PE ratio for today is 37. PE RATIO(37) = STOCK PRICE($19.98) / TTM EPS($0.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.