As of Oct 2, 2026, NHI's PEG ratio of 1.93 reflects its valuation relative to its growth rate. This result reflects a P/E ratio of 18.94 measured against EPS growth of 9.8%.
National Health Investors's ten years historical PEG ratio has a mean of 9.74. Compared to historical data, NHI's 1.93 PEG ratio represents a drop of 80%. NHI hit its maximum PEG ratio of 73.57 during the Dec 2024 quarter over the last ten years. The Dec 2023 quarter marked the lowest reading at 0.16, indicating the most favorable growth-adjusted valuation.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | N/A | 25.2 | -3.5% |
| 2024 | 73.57 | 22.07 | 0.3% |
| 2023 | 0.16 | 17.84 | 111.5% |
| 2022 | N/A | 35.28 | -39.6% |
| 2021 | N/A | 23.46 | -40.8% |
| 2020 | 1.4 | 16.71 | 11.9% |
| 2019 | 44.04 | 22.02 | 0.5% |
| 2018 | N/A | 20.53 | -5.6% |
| 2017 | 38.66 | 19.33 | 0.5% |
| 2016 | N/A | 19.12 | -2% |
| 2015 | 0.51 | 15.37 | 30.3% |
| 2014 | N/A | 23.01 | -18.7% |
| 2013 | 1.02 | 15 | 14.7% |
| 2012 | 1.53 | 17.34 | 11.3% |
| 2011 | 0.9 | 15.01 | 16.7% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Jun 2026 | 2.24 | 21.98 | 9.8% |
| Mar 2026 | N/A | 26 | -2.2% |
| Dec 2025 | N/A | 25.2 | -3.5% |
| Sep 2025 | 2.71 | 24.92 | 9.2% |
| Jun 2025 | 2.96 | 22.19 | 7.5% |
| Mar 2025 | 5.4 | 23.23 | 4.3% |
| Dec 2024 | 73.57 | 22.07 | 0.3% |
| Sep 2024 | 1.46 | 28.79 | 19.7% |
| Jun 2024 | 1.47 | 23.04 | 15.7% |
| Mar 2024 | 0.45 | 20.6 | 45.9% |
| Dec 2023 | 0.16 | 17.84 | 111.5% |
| Sep 2023 | 0.38 | 21.05 | 55.4% |
| Jun 2023 | 0.28 | 20.64 | 74% |
| Mar 2023 | 1.81 | 24.68 | 13.6% |
| Dec 2022 | N/A | 35.28 | -39.6% |
When comparing to historical data, NHI's PEG ratio is lower than the 3, 5 and 10-year averages.
National Health Investors's PEG of 1.93 is higher than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 0.57, National Health Investors's PEG is 239% higher.
Relative to its peer stocks NHC and ALX, NHI's PEG ratio is higher.
According to Oct 2, 2026 figures, NHI's PEG ratio stands at 1.93.
Historical data over a 3-year period puts NHI's average PEG ratio at 10.05.
Historical data over a 5-year period puts NHI's average PEG ratio at 7.74.
NHI's PEG ratio topped out at 73.57 during the Dec 2024 quarter - the highest in ten years.
At present, NHI's PEG ratio is 80% lower than its 10-year historical average.
The PEG ratio derives from taking PE and dividing by the rate at which earnings are growing (YoY TTM). As of Oct 2, 2026, National Health Investors has a PE ratio of 18.94. Earnings grew at 9.8% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 1.93. PEG RATIO(1.93) = PE RATIO(18.94) / EPS GROWTH(9.8%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.