AAT
American Assets Trust
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: AAT
- PE Ratio
As at Jun 23, 2026, the AAT stock has a PE ratio of 83.97. This is based on the current EPS of $0.29 and the stock price of $24.35 per share. An increase of 179% has been seen in the P/E ratio compared to the average of 30.1 of the last 4 quarters.
AAT PE ratio history
The mean historical PE ratio of American Assets Trust over the last ten years is 52.65. The current 83.97 PE ratio is 59% above the historical average. Over the past ten years, AAT's PE ratio was at its highest in the Jun 2021 quarter at 124.3, with a price of $37.29 and an EPS of $0.3. The Mar 2025 quarter recorded the bottom point at 15.14, with a price of $20.14 and an EPS of $1.33.
American Assets Trust PE ratio by year
Maximum annual increase: 166.55% in 2013
Maximum annual decrease: -87.9% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 20.58 | -26.34% | $18.93 | $0.92 |
| 2024 | 27.94 | 4.25% | $26.26 | $0.94 |
| 2023 | 26.8 | -27.19% | $22.51 | $0.84 |
| 2022 | 36.81 | -53.9% | $26.5 | $0.72 |
| 2021 | 79.85 | 27.19% | $37.53 | $0.47 |
| 2020 | 62.78 | 14.9% | $28.88 | $0.46 |
| 2019 | 54.64 | -42.87% | $45.9 | $0.84 |
| 2018 | 95.64 | 55.06% | $40.17 | $0.42 |
| 2017 | 61.68 | 3.09% | $38.24 | $0.62 |
| 2016 | 59.83 | 35.73% | $43.08 | $0.72 |
| 2015 | 44.08 | -42.42% | $38.35 | $0.87 |
| 2014 | 76.56 | -7.44% | $39.81 | $0.52 |
| 2013 | 82.71 | 166.55% | $31.43 | $0.38 |
| 2012 | 31.03 | -87.9% | $27.93 | $0.9 |
| 2011 | 256.38 | N/A | $20.51 | $0.08 |
American Assets Trust PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 63.48 | 208.45% | $18.41 | $0.29 |
| Dec 2025 | 20.58 | 2.29% | $18.93 | $0.92 |
| Sep 2025 | 20.12 | 24.27% | $20.32 | $1.01 |
| Jun 2025 | 16.19 | 6.94% | $19.75 | $1.22 |
| Mar 2025 | 15.14 | -45.81% | $20.14 | $1.33 |
| Dec 2024 | 27.94 | 2.46% | $26.26 | $0.94 |
| Sep 2024 | 27.27 | 9.65% | $26.72 | $0.98 |
| Jun 2024 | 24.87 | 2.18% | $22.38 | $0.9 |
| Mar 2024 | 24.34 | -9.18% | $21.91 | $0.9 |
| Dec 2023 | 26.8 | 14.38% | $22.51 | $0.84 |
| Sep 2023 | 23.43 | 2.49% | $19.45 | $0.83 |
| Jun 2023 | 22.86 | 0.84% | $19.2 | $0.84 |
| Mar 2023 | 22.67 | -38.41% | $18.59 | $0.82 |
| Dec 2022 | 36.81 | 0.19% | $26.5 | $0.72 |
| Sep 2022 | 36.74 | -18.36% | $25.72 | $0.7 |
AAT Price vs fair value
AAT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
AAT's current P/E ratio is above the 3, 5 and 10-year historical averages.
PE comparison
With a P/E of 83.97, AAT is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 24.16, American Assets Trust's P/E is 248% higher.
AAT PE vs peers
AAT's PE ratio is higher than its peer stocks SPG and VNO.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DX Dynex Capital Inc | 6.73 | $2.78B |
| VNO Vornado Realty Trust | 9.86 | $7.08B |
| SPG Simon Property Group Inc | 15.07 | $70.29B |
| AAT American Assets Trust Inc | 83.97 | $1.49B |
| CIM Chimera Investment Corp | N/A | $1.11B |
Frequently asked questions
What is American Assets Trust's PE ratio?
The price to earnings ratio for AAT stock as of Jun 23, 2026, stands at 83.97.
What is the 3-year average PE ratio for American Assets Trust (AAT)?
Over the last 3 years, the average price to earnings ratio for AAT stock is 26.09.
What is the 5-year average PE ratio for American Assets Trust (AAT)?
Over the last 5 years, the average price to earnings ratio for AAT stock is 40.72.
What is the highest PE ratio for AAT?
The highest quarterly PE ratio in the last ten years has been 124.3 and it was in the Jun 2021 quarter.
How does the current PE ratio for AAT compare to its historical average?
AAT's current price to earnings ratio is 59% above its 10-year historical average.
Why is American Assets Trust's PE ratio so high?
AAT's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 83.97 is considered high.
How is AAT's PE ratio calculated (American Assets Trust PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jun 23, 2026), American Assets Trust's stock price is $24.35. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.29. Therefore, American Assets Trust's P/E ratio for today is 83.97. PE RATIO(83.97) = STOCK PRICE($24.35) / TTM EPS($0.29)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.