AvalonBay Communities
AVB
#618
Rank
$32.90 B
Marketcap
$231.37
Share price
1.42%
Change (1 day)
35.17%
Change (1 year)
AvalonBay Communities, Inc. is an American real estate investment trust (REIT) that invests in apartments.

P/E ratio for AvalonBay Communities (AVB)

P/E ratio as of November 2024 (TTM): 34.7

According to AvalonBay Communities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.7245. At the end of 2022 the company had a P/E ratio of 19.9.

P/E ratio history for AvalonBay Communities from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202219.9-43.3%
202135.128.8%
202027.2-26.74%
201937.250.6%
201824.7-11.85%
201728.019.05%
201623.5-29.22%
201533.26.18%
201431.3-26.4%
201342.535.81%
201231.317.25%
201126.7-50.17%
201053.625.98%
200942.5266.59%
200811.6-45.14%
200721.2-43.39%
200637.472.93%
200521.6-15.34%
200425.5102.92%
200312.6-27.05%
200217.211.89%
200115.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
41.1 18.26%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.6-136.17%๐Ÿ‡บ๐Ÿ‡ธ USA
28.3-18.39%๐Ÿ‡บ๐Ÿ‡ธ USA
22.8-34.27%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.