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DHC logoDiversified Healthcare Trust (DHC) P/E Ratio History

Historical price-to-earnings valuation from 2000 to 2022

Current P/E
-6.8
Undervalued
5Y Avg P/E
22.7
-130% vs avg
PE Percentile
0%
Low
PEG Ratio
N/A
N/A
TTM EPS$-1.33
Price$8.09
5Y PE Range0.6 - 49.3
Earnings YieldN/A

Loading P/E history...

DHC Valuation Context

How does the current P/E compare to historical and market benchmarks?

vs. 5Y Average
-6.8vs22.7
-130%
Cheap vs History
vs. Real Estate
-6.8vs24.2
-128%
Below Sector
vs. S&P 500
-6.8vs25.1
-127%
Below Market
PEG Analysis
N/A
P/E ÷ EPS Growth
Based on 23% EPS growth (1Y)
Export Data

P/E Ratio Analysis

As of May 8, 2026, Diversified Healthcare Trust (DHC) trades at a price-to-earnings ratio of -6.8x, with a stock price of $8.09 and trailing twelve-month earnings per share of $-1.33.

The current P/E is 130% below its 5-year average of 22.7x. Over the past five years, DHC's P/E has ranged from a low of 0.6x to a high of 49.3x, placing the current valuation at the 0th percentile of its historical range.

Compared to the Real Estate sector median P/E of 24.2x, DHC trades at a 128% discount to its sector peers. The sector includes 171 companies with P/E ratios ranging from 1.1x to 196.6x.

Relative to the broader market, DHC trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.

For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our DHC DCF Valuation Calculator →

Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.

DHC P/E vs Peers

P/E ratio compared to closely matched public peers

CompanyMarket CapP/E RatioPEG RatioEPS Growth (1Y)
VTR logoVTRVentas, Inc.
$41B160.3-+184%Best
WELL logoWELLWelltower Inc.
$149B153.3--11%
OHI logoOHIOmega Healthcare Investors, Inc.
$14B23.81.02Best+25%
SBRA logoSBRASabra Health Care REIT, Inc.
$5B32.2-+19%
LTC logoLTCLTC Properties, Inc.
$2B15.3Lowest-+24%
CTRE logoCTRECareTrust REIT, Inc.
$9B25.21.19+96%
DOC logoDOCHealthpeak Properties, Inc.
$14B196.6--72%
NHI logoNHINational Health Investors, Inc.
$4B24.9--4%
GMRE logoGMREGlobal Medical REIT Inc.
$94M115.3--95%

Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.

DHC Historical P/E Data (2000–2022)

Quarterly P/E ratios calculated from closing price and TTM EPS

QuarterDatePriceTTM EPSP/E Ratiovs Avg
FY2022 Q3Fri Sep 30 2022 00:00:00 GM$0.99$1.750.6x-97%
FY2022 Q2$1.82$1.711.1x-95%
FY2022 Q1$3.20$2.031.6x-93%
FY2021 Q4Fri Dec 31 2021 00:00:00 GM$3.09$0.744.2x-81%
FY2019 Q1Sun Mar 31 2019 00:00:00 GM$11.78$0.3434.6x+58%
FY2018 Q4Mon Dec 31 2018 00:00:00 GM$11.72$1.209.8x-56%
FY2018 Q3Sun Sep 30 2018 00:00:00 GM$17.56$1.978.9x-59%
FY2018 Q2Sat Jun 30 2018 00:00:00 GM$18.09$1.929.4x-57%
FY2018 Q1Sat Mar 31 2018 00:00:00 GM$15.66$1.4710.7x-51%
FY2017 Q4Sun Dec 31 2017 00:00:00 GM$19.15$0.6231.0x+41%
FY2017 Q3Sat Sep 30 2017 00:00:00 GM$19.55$0.5337.1x+69%
FY2017 Q2Fri Jun 30 2017 00:00:00 GM$20.44$0.5140.3x+83%

Average P/E for displayed period: 21.9x

See DHC's True Return

Price is only half the story. See total return with reinvested dividends.

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Is DHC Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare DHC vs WELL

Side-by-side business, growth, and profitability comparison vs Welltower Inc..

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DHC — Frequently Asked Questions

Quick answers to the most common questions about buying DHC stock.

Is DHC stock overvalued or undervalued?

DHC trades at -6.8x P/E, below its 5-year average of 22.7x. At the N/A percentile of historical range, the stock is priced at a discount to its own history.

How does DHC's valuation compare to peers?

Diversified Healthcare Trust P/E of -6.8x compares to sector median of 24.2x. The discount suggests lower growth expectations or higher risk.

What is DHC's PEG ratio?

DHC PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 2000-2022.

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DHC P/E Ratio History (2000–2022)

P/E ratio calculated as closing price divided by trailing 12-month diluted EPS at each quarter end.