AMH American Homes 4 Rent PE ratio, current and historical analysis
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- Real Estate
- NYSE: AMH
- PE Ratio
As of Jul 11, 2025, the American Homes 4 Rent stock's PE ratio is 33.11. This results from the current EPS of $1.08 and stock price of $35.76. The P/E ratio has a decrease of 11% from the past four quarters average of 37.1.
AMH PE ratio history
The PE ratio of American Homes 4 Rent has averaged 159.29 over the last eight years. The current PE ratio of 33.11 is 79% below the historical average. Over the past eight 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 Sep 2023 quarter, when it reached 32.09 with a price of $33.69 and an EPS of $1.05.
American Homes 4 Rent PE ratio history chart
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 |
|---|---|---|---|---|
| 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 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 |
| Jun 2022 | 61.1 | -26.74% | $35.44 | $0.58 |
| Mar 2022 | 83.4 | -19.68% | $40.03 | $0.48 |
| Dec 2021 | 103.83 | -1.95% | $43.61 | $0.42 |
| Sep 2021 | 105.89 | -12.78% | $38.12 | $0.36 |
AMH Price vs fair value
You can ether set your own Fair P/E multiple or use one of the automatically calculated Fair P/E multiples.
Fair P/E calculation
PE Ratio is an attempt to estimate a fair PE ratio of a stock based on its earnings and growth rate.
This formula is a modified version of the classic Graham-Dodd Formula (V= EPS x (8.5+2g)), originally developed by Benjamin Graham, to calculate the fair price of a stock based on its earnings and growth rate.
The formula we have created is an adaptation of this approach, designed to maintain a balance between simplicity and growth sensitivity.
It is calculated using the following formula:
IF g < 5: Fair PE = b
IF g >= 5: Fair PE = m × g
Here’s what each part of the formula means:
g: Growth is calculated as the average of the three-year average EPS growth rate and the one-year EPS growth rate (annually). This approach provides a balanced measure of growth by factoring in both the long-term growth trend and the most recent annual growth performance. If one of the growth metrics is not available, the remaining metric is used to determine growth. The fair P/E value is capped at 100 to prevent distortions caused by extreme EPS growth rates, such as those resulting from large percentage increases from a low base.
m: This is the long term historical median PEG (Price/Earnings to Growth) ratio of the overall market. It serves as a benchmark, adjusting the Fair PE based on typical market conditions.
b: Base PE (static value set to 8). If the company's growth rate is less than 5, the Fair PE is set at a conservative baseline of 8. This is because declining companies generally deserve a lower PE ratio.
Fixed vs Dynamic
Fixed: The Fair PE ratio for all data points is calculated using a single, constant average EPS growth rate, determined based on the most recent period. This means that the same growth rate is applied to all historical data points. Dynamic: The Fair PE ratio for each historical data point is calculated using the trailing average EPS growth rate specific to that point in time. This means that for each data point, the corresponding trailing EPS growth rate is used, ensuring that the Fair PE ratio reflects the growth conditions that were relevant at that specific point in history.
AMH average PE ratio chart
AMH's current P/E ratio is below the 3, 5 and 10-year averages.
PE vs average
AMH PE vs peers
AMH's PE ratio is lower than its peer stocks TPL and JOE, but it is greater than HIW's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HIW Highwoods Properties Inc | 19.66 | $3.39B |
| AMH American Homes 4 Rent | 33.11 | $13.24B |
| JOE ST JOE Co | 38.86 | $3.01B |
| TPL Texas Pacific Land Corp | 52.26 | $24.06B |
| UMH Umh Properties Inc | 142.5 | $1.44B |
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Frequently asked questions
What is American Homes 4 Rent's PE ratio?
The price to earnings ratio for AMH stock as of Jul 11, 2025, stands at 33.11.
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 38.25.
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 64.03.
What is the highest PE ratio for AMH?
The highest quarterly PE ratio in the last eight 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 79% below its 8-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 11, 2025), American Homes 4 Rent's stock price is $35.76. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $1.08. Therefore, American Homes 4 Rent's P/E ratio for today is 33.11. PE RATIO(33.11) = STOCK PRICE($35.76) / TTM EPS($1.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.