U.S. Healthcare REITs Industry Analysis
UpdatedMay 29, 2023
DataAggregated Company Financials
Companies22
- 7D-3.2%
- 3M-9.0%
- 1Y-26.2%
- YTD-3.7%
Over the last 7 days, the Healthcare REITs industry has dropped 3.2%, driven by Welltower declining 3.9%. However, the industry is down 26% over the past year. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the U.S. Healthcare REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 29 May 2023 | US$102.0b | US$23.3b | US$819.6m | 26.9x | 124.5x | 4.4x |
| Wed, 26 Apr 2023 | US$105.1b | US$22.8b | US$2.0b | 30.3x | 53.2x | 4.6x |
| Fri, 24 Mar 2023 | US$1.3b | US$1.6b | -US$20,426,000.00 | 9.3x | -61.6x | 0.8x |
| Sun, 19 Feb 2023 | US$115.3b | US$20.7b | US$3.1b | 29.3x | 37.3x | 5.6x |
| Tue, 17 Jan 2023 | US$109.8b | US$20.7b | US$3.2b | 28.5x | 34.7x | 5.3x |
| Thu, 15 Dec 2022 | US$105.2b | US$20.7b | US$3.2b | 27.4x | 33.3x | 5.1x |
| Sat, 12 Nov 2022 | US$108.5b | US$20.7b | US$3.2b | 27.1x | 34.3x | 5.2x |
| Mon, 10 Oct 2022 | US$96.7b | US$20.8b | US$3.1b | 39.9x | 30.8x | 4.6x |
| Wed, 07 Sep 2022 | US$118.1b | US$20.4b | US$3.3b | 46x | 36.3x | 5.8x |
| Fri, 05 Aug 2022 | US$123.1b | US$19.5b | US$3.3b | 48.3x | 37.8x | 6.3x |
| Sun, 03 Jul 2022 | US$121.1b | US$20.2b | US$3.3b | 45.9x | 37.3x | 6x |
| Tue, 31 May 2022 | US$130.9b | US$20.0b | US$3.3b | 52x | 40.1x | 6.6x |
| Thu, 28 Apr 2022 | US$130.2b | US$18.3b | US$2.3b | 44.2x | 57.5x | 7.1x |
| Sat, 26 Mar 2022 | US$139.2b | US$19.6b | US$2.3b | 48.5x | 61.5x | 7.1x |
| Mon, 21 Feb 2022 | US$125.9b | US$19.8b | US$1.7b | 52.1x | 72.9x | 6.4x |
| Wed, 19 Jan 2022 | US$133.6b | US$19.4b | US$1.9b | 56.2x | 71.4x | 6.9x |
| Fri, 17 Dec 2021 | US$127.4b | US$19.3b | US$1.9b | 55.5x | 68x | 6.6x |
| Sun, 14 Nov 2021 | US$131.4b | US$19.6b | US$1.8b | 55.4x | 71.4x | 6.7x |
| Tue, 12 Oct 2021 | US$126.9b | US$19.2b | US$1.6b | 47.7x | 80.5x | 6.6x |
| Thu, 09 Sep 2021 | US$130.7b | US$19.2b | US$1.6b | 45.7x | 82.9x | 6.8x |
| Sat, 07 Aug 2021 | US$130.8b | US$18.1b | US$1.6b | 52.9x | 81.9x | 7.2x |
| Fri, 30 Apr 2021 | US$125.7b | US$18.0b | US$1.5b | 42.3x | 85.6x | 7x |
| Mon, 01 Feb 2021 | US$106.6b | US$17.4b | US$2.7b | 40.8x | 39.4x | 6.1x |
| Thu, 05 Nov 2020 | US$91.8b | US$16.9b | US$2.8b | 34.8x | 32.3x | 5.4x |
| Sun, 09 Aug 2020 | US$95.6b | US$16.9b | US$3.5b | 35.1x | 27.6x | 5.6x |
Price to Earnings Ratio
24.6x
Current Industry PE
- Investors are optimistic on the American Health Care REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 124x which is higher than its 3-year average PE of 51.5x.
- The 3-year average PS ratio of 6.0x is higher than the industry's current PS ratio of 4.4x.
Past Earnings Growth
- The earnings for companies in the Health Care REITs industry have declined 39% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does U.S. Healthcare REITs compare with similar industries?
| US Market | 0.35% | |
| Real Estate | -1.21% | |
| REITS | -1.12% | |
| Healthcare REITs | -3.19% | |
| Industrial REITs | 0.62% | |
| Diversified REITs | -0.98% | |
| Residential REITs | -1.85% | |
| Retail REITs | -1.99% | |
| Office REITs | -2.19% | |
| Hotel and Resort REITs | -2.66% | |
| Specialized REITs | -3.17% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MPW Medical Properties Trust | US$7.92 | 1.3% +US$59.8m | -57.4% | PB0.6x | |
| DHC Diversified Healthcare Trust | US$1.14 | 8.6% +US$5.0m | -50.4% | PB0.1x |