The PE ratio for Highwoods Properties stock stands at 23.8 as of Nov 21, 2024. This is calculated based on the TTM EPS of $1.34 and the stock price of $31.89 per share. An increase of 17% has been observed in the PE ratio compared to its average of 20.4 of the last four quarters.
Over the last ten years, the average PE ratio of Highwoods Properties has been 23.04. The current 23.8 P/E ratio is 3.3% higher than the historical average. Looking back at the last ten years, HIW's PE ratio peaked in the Dec 2015 quarter at 43.6, with a price of $43.6 and an EPS of $1. The Mar 2016 quarter marked the lowest point at 9.05, with a price of $47.81 and an EPS of $5.28.
Maximum annual increase: 197.3% in 2017
Maximum annual decrease: -77.94% in 2016
Year | PE ratio | Change |
---|---|---|
2023 | 16.52 | -12.03% |
2022 | 18.78 | 25.53% |
2021 | 14.96 | 25.29% |
2020 | 11.94 | -68.26% |
2019 | 37.62 | 59.47% |
2018 | 23.59 | -17.52% |
2017 | 28.6 | 197.3% |
2016 | 9.62 | -77.94% |
2015 | 43.6 | 18.16% |
2014 | 36.9 | 46.89% |
Currently, HIW's PE ratio is higher than the 3, 5 and 10-year averages.
HIW's PE ratio stands lower than its peer stocks SPG and DOC.
Stock name | PE ratio | Market cap |
---|---|---|
HIW Highwoods Properties Inc | 23.8 | $3.38B |
SPG Simon Property Group Inc | 24.18 | $59.32B |
AMH American Homes 4 Rent | 39.2 | $13.9B |
DOC Healthpeak Properties Inc. | 46.19 | $15.18B |
INN Summit Hotel Properties Inc | 89 | $675.44M |
HIW stock has a price to earnings ratio of 23.8 as of Nov 21, 2024.
As an average over the last 3 years, HIW stock has a PE ratio of 16.92.
As an average over the last 5 years, HIW stock has a PE ratio of 17.27.
The highest quarterly PE ratio in the last ten years has been 43.6 and it was in the Dec 2015 quarter.
The current PE ratio of HIW is 3.3% higher than the 10-year historical average.
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 21, 2024), Highwoods Properties's share price is $31.89. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.34. Therefore, Highwoods Properties's PE ratio for today is 23.8. PE RATIO(23.8) = STOCK PRICE($31.89) / TTM EPS($1.34)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.