Based on the most recent data from Nov 2, 2026, HIW's PE to growth ratio comes in at 0.41. This metric factors in a PE of 18.53 with an earnings growth rate of 45.7%.
Looking at the last ten years, HIW's PEG ratio has has been around 0.84 on average. At 0.41, today's PEG ratio sits 51% less than its historical average. Within the last ten years, the Sep 2024 quarter recorded the highest PEG value at 6.41. At 0.02, the Dec 2016 quarter showed the minimum PEG ratio in this period.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.33 | 17.81 | 54.3% |
| 2024 | N/A | 32.53 | -32.4% |
| 2023 | N/A | 16.52 | -6.7% |
| 2022 | N/A | 18.78 | -50% |
| 2021 | N/A | 14.96 | -10.2% |
| 2020 | 0.08 | 11.94 | 155.4% |
| 2019 | N/A | 37.62 | -20.7% |
| 2018 | N/A | 23.59 | -7.9% |
| 2017 | N/A | 28.6 | -66.4% |
| 2016 | 0.02 | 9.62 | 430% |
| 2015 | N/A | 43.6 | -16.7% |
| 2014 | N/A | 36.9 | -16.7% |
| 2013 | 0.61 | 25.12 | 41.2% |
| 2012 | 0.37 | 32.79 | 88.9% |
| 2011 | N/A | 54.94 | -37.2% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Sep 2026 | 0.38 | 17.17 | 45.7% |
| Jun 2026 | 0.69 | 19.84 | 28.8% |
| Mar 2026 | N/A | 25.49 | -47.5% |
| Dec 2025 | 0.33 | 17.81 | 54.3% |
| Sep 2025 | N/A | 27.43 | -13.4% |
| Jun 2025 | N/A | 26.35 | -16.3% |
| Mar 2025 | 0.6 | 18.53 | 31.1% |
| Dec 2024 | N/A | 32.53 | -32.4% |
| Sep 2024 | 6.41 | 25.01 | 3.9% |
| Jun 2024 | N/A | 18.63 | -2.1% |
| Mar 2024 | N/A | 21.46 | -19.7% |
| Dec 2023 | N/A | 16.52 | -6.7% |
| Sep 2023 | N/A | 15.98 | -46.5% |
| Jun 2023 | N/A | 16.6 | -47.4% |
| Mar 2023 | N/A | 15.26 | -46.3% |
Measured against past performance, HIW's PEG ratio is lower than the 3, 5 and 10-year averages.
With a PEG of 0.41, HIW stands below the Real Estate sector and the industry average. Looking at its Real Estate sector average of 0.65, Highwoods Properties's PEG is 37% lower.
Compared to its peers, HIW has a PEG ratio lower than stocks DOC and AMH, while greater than SPG's.
Based on Nov 2, 2026 data, HIW has a PEG ratio of 0.41.
HIW has a 3-year average PEG ratio of 1.68.
HIW has a 5-year average PEG ratio of 1.35.
The Sep 2024 quarter marked the ten years high at 6.41 for HIW's PEG ratio.
HIW currently has a PEG ratio 51% below its 10-year average.
Strong earnings growth relative to valuation produces HIW's low PEG ratio of 0.41.
The PEG ratio comes from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Nov 2, 2026, Highwoods Properties has a P/E ratio of 18.53. Earnings grew at 45.7% over the TTM period ending Sep 2026. Applying the formula, this gives a price to earnings growth ratio of 0.41. PEG RATIO(0.41) = PE RATIO(18.53) / EPS GROWTH(45.7%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.