As at Jul 25, 2024, the NHI stock has a PE ratio of 24.24. This is based on the current EPS of $3.05 and the stock price of $73.93 per share. An increase of 21% has been recorded in the PE ratio compared to the average of 20.0 of the past four quarters.
The mean historical PE ratio of National Health Investors over the last ten years is 20.97. The current 24.24 price-to-earnings ratio is 16% more than the historical average. In the past ten years, NHI's PE ratio reached its highest point in the Jun 2022 quarter at 41.51, with a price of $60.61 and an EPS of $1.46. The Mar 2020 quarter saw the lowest point at 11.71, with a price of $49.52 and an EPS of $4.23.
Maximum annual increase: 53.4% in 2014
Maximum annual decrease: -49.43% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 17.84 | -49.43% |
| 2022 | 35.28 | 50.38% |
| 2021 | 23.46 | 40.39% |
| 2020 | 16.71 | -24.11% |
| 2019 | 22.02 | 7.26% |
| 2018 | 20.53 | 6.21% |
| 2017 | 19.33 | 1.1% |
| 2016 | 19.12 | 24.4% |
| 2015 | 15.37 | -33.2% |
| 2014 | 23.01 | 53.4% |
Currently, NHI's PE ratio is above the 5 and 10-year averages, but it is lower than the 3-year average.
When compared to its peer NHC, NHI's PE ratio is lower, but it is higher than STWD's and ALX's. National Health Investors's PE ratio is trading above the peer group average of 18.03.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ALX Alexanders Inc | 11.62 | $1.24B |
| STWD Starwood Property Trust Inc | 14.21 | $6.29B |
| BFS Saul Centers Inc | 22.36 | $932.89M |
| NHI National Health Investors Inc | 24.61 | $3.26B |
| NHC National Healthcare Corp | 25.62 | $2.09B |
The price to earnings ratio for NHI stock as of Jul 25, 2024, stands at 24.24.
The 3-year average PE ratio for NHI stock is 26.38.
The 5-year average PE ratio for NHI stock is 22.72.
In the last ten years, the Jun 2022 quarter recorded the highest quarterly PE ratio at 41.51.
NHI's current price to earnings ratio is 16% above its 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Jul 25, 2024), National Health Investors's stock price is $73.93. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.05. Therefore, National Health Investors's price to earnings ratio for today is 24.24. PE RATIO(24.24) = STOCK PRICE($73.93) / TTM EPS($3.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.