As at May 6, 2024, the WELL stock has a price-to-earnings ratio of 118.02. This is based on the current EPS of $0.82 and the stock price of $96.78 per share. A decrease of 37% has been recorded in the P/E ratio compared to the average of 188.7 of the last 4 quarters.
The mean historical PE ratio of Welltower over the last ten years is 73.59. The current 118.02 PE ratio is 60% above the historical average. In the past ten years, WELL's PE ratio was at its highest in the Jun 2023 quarter at 337.04, with a price of $80.89 and an EPS of $0.24. The Mar 2020 quarter recorded the bottom point at 14.72, with a price of $45.78 and an EPS of $3.11.
Maximum annual increase: 296.53% in 2021
Maximum annual decrease: -72.91% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 136.62 | -35.39% |
| 2022 | 211.45 | 94.76% |
| 2021 | 108.57 | 296.53% |
| 2020 | 27.38 | 2.78% |
| 2019 | 26.64 | -22.08% |
| 2018 | 34.19 | -32.44% |
| 2017 | 50.61 | 114% |
| 2016 | 23.65 | -18.31% |
| 2015 | 28.95 | -44.14% |
| 2014 | 51.83 | -72.91% |
Currently, WELL's PE ratio is greater than its 5 and 10-year historical averages, but it is lower than the 3-year average.
Compared to its peer stock NNN, WELL's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NNN National Retail Properties Inc | 19.32 | $7.72B |
| WELL Welltower Inc | 118.02 | $57.87B |
As of May 6, 2024, WELL stock has a price to earnings ratio of 118.02.
As an average over the last 3 years, WELL stock has a PE ratio of 157.04.
As an average over the last 5 years, WELL stock has a PE ratio of 105.92.
In the last ten years, the Jun 2023 quarter recorded the highest quarterly PE ratio at 337.04.
WELL's current price to earnings ratio is 60% above its 10-year historical average.
WELL's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 118.02 is considered high.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (May 6, 2024), Welltower's stock price is $96.78. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.82. Therefore, Welltower's P/E ratio for today is 118.02. PE RATIO(118.02) = STOCK PRICE($96.78) / TTM EPS($0.82)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.