AMH
American Homes 4 Rent
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: AMH
- PE Ratio
As of Jul 2, 2026, the American Homes 4 Rent stock's PE ratio is 27.71. This results from the current EPS of $1.23 and stock price of $34.08. The current PE ratio is nearly equal to the average from the previous 4 quarters.
AMH PE ratio history
The PE ratio of American Homes 4 Rent has averaged 142.3 over the last nine years. The current PE ratio of 27.71 is 81% below the historical average. Over the past nine years, AMH's PE ratio was at its highest in the Sep 2017 quarter at 2,171, when the stock price was $21.71 and the EPS was $0.01. The lowest value was in the Mar 2026 quarter, when it reached 22.7 with a price of $27.92 and an EPS of $1.23.
American Homes 4 Rent PE ratio by year
Maximum annual increase: 18.54% in 2020
Maximum annual decrease: -63.58% in 2019
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 27.2 | -21.5% | $32.1 | $1.18 |
| 2024 | 34.65 | -2.67% | $37.42 | $1.08 |
| 2023 | 35.6 | -14.95% | $35.96 | $1.01 |
| 2022 | 41.86 | -59.68% | $30.14 | $0.72 |
| 2021 | 103.83 | -3.09% | $43.61 | $0.42 |
| 2020 | 107.14 | 18.54% | $30 | $0.28 |
| 2019 | 90.38 | -63.58% | $26.21 | $0.29 |
| 2018 | 248.13 | N/A | $19.85 | $0.08 |
| 2017 | N/A | N/A | $21.84 | -$0.08 |
| 2016 | N/A | N/A | $20.98 | -$0.14 |
| 2015 | N/A | N/A | $16.66 | -$0.4 |
| 2014 | N/A | N/A | $17.03 | -$0.34 |
| 2013 | N/A | N/A | $16.2 | -$0.36 |
| 2012 | N/A | N/A | N/A | -$1.42 |
American Homes 4 Rent PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 22.7 | -16.54% | $27.92 | $1.23 |
| Dec 2025 | 27.2 | -3.48% | $32.1 | $1.18 |
| Sep 2025 | 28.18 | -13.29% | $33.25 | $1.18 |
| Jun 2025 | 32.5 | -7.17% | $36.07 | $1.11 |
| Mar 2025 | 35.01 | 1.04% | $37.81 | $1.08 |
| Dec 2024 | 34.65 | -13.35% | $37.42 | $1.08 |
| Sep 2024 | 39.99 | 3.31% | $38.39 | $0.96 |
| Jun 2024 | 38.71 | 3.14% | $37.16 | $0.96 |
| Mar 2024 | 37.53 | 5.42% | $36.78 | $0.98 |
| Dec 2023 | 35.6 | 10.94% | $35.96 | $1.01 |
| Sep 2023 | 32.09 | -10.39% | $33.69 | $1.05 |
| Jun 2023 | 35.81 | 0.2% | $35.45 | $0.99 |
| Mar 2023 | 35.74 | -14.62% | $31.45 | $0.88 |
| Dec 2022 | 41.86 | -22.18% | $30.14 | $0.72 |
| Sep 2022 | 53.79 | -11.96% | $32.81 | $0.61 |
AMH Price vs fair value
AMH 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.
AMH's current P/E ratio is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 27.71, AMH is above the Real Estate sector and the industry average. Compared to its Real Estate sector average of 25.41, American Homes 4 Rent's P/E is 9% higher.
AMH PE vs peers
AMH's PE ratio is lower than its peer stocks TPL and JOE.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AMH American Homes 4 Rent | 27.71 | $12.29B |
| JOE ST JOE Co | 31.61 | $3.52B |
| HIW Highwoods Properties Inc | 37.93 | $3.51B |
| TPL Texas Pacific Land Corp | 55.86 | $28.09B |
| UMH Umh Properties Inc | 155.2 | $1.32B |
Frequently asked questions
What is American Homes 4 Rent's PE ratio?
The price to earnings ratio for AMH stock as of Jul 2, 2026, stands at 27.71.
What is the 3-year average PE ratio for American Homes 4 Rent (AMH)?
As an average over the last 3 years, AMH stock has a PE ratio of 33.11.
What is the 5-year average PE ratio for American Homes 4 Rent (AMH)?
As an average over the last 5 years, AMH stock has a PE ratio of 46.61.
What is the highest PE ratio for AMH?
The highest quarterly PE ratio in the last nine years has been 2,171 and it was in the Sep 2017 quarter.
How does the current PE ratio for AMH compare to its historical average?
AMH's price to earnings ratio is currently 81% below its 9-year historical average.
How is AMH's PE ratio calculated (American Homes 4 Rent PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 2, 2026), American Homes 4 Rent's stock price is $34.08. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $1.23. Therefore, American Homes 4 Rent's P/E ratio for today is 27.71. PE RATIO(27.71) = STOCK PRICE($34.08) / TTM EPS($1.23)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.