As at May 3, 2024, the AVB stock has a PE ratio of 28.69. This is based on the current EPS of $6.72 and the stock price of $192.81 per share. An increase of 11% has been seen in the P/E ratio compared to the average of 25.9 of the last 4 quarters.
The mean historical PE ratio of Avalonbay Communities over the last ten years is 28.46. The current 28.69 PE ratio is comparable to the historical average. Over the past ten years, AVB's PE ratio was at its highest in the Dec 2019 quarter at 37.18, with a price of $209.7 and an EPS of $5.64. The Dec 2022 quarter recorded the bottom point at 19.87, with a price of $161.52 and an EPS of $8.13.
Maximum annual increase: 50.59% in 2019
Maximum annual decrease: -43.44% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.54 | 43.63% |
| 2022 | 19.87 | -43.44% |
| 2021 | 35.13 | 28.96% |
| 2020 | 27.24 | -26.73% |
| 2019 | 37.18 | 50.59% |
| 2018 | 24.69 | -11.98% |
| 2017 | 28.05 | 19.21% |
| 2016 | 23.53 | -29.21% |
| 2015 | 33.24 | 6.2% |
| 2014 | 31.3 | -26.4% |
Currently, AVB's PE ratio is above the 3, 5 and 10-year historical averages.
Compared to its peer stocks EQR and UDR, AVB's PE ratio stands higher. Avalonbay Communities's PE ratio is trading above the peer group average of 24.87.
| Stock name | PE ratio | Market cap |
|---|---|---|
| NHI National Health Investors Inc | 20.68 | $2.81B |
| EQC Equity Commonwealth | 23.86 | $2.02B |
| EQR Equity Residential | 27.24 | $24.98B |
| UDR UDR Inc | 27.7 | $12.59B |
| AVB Avalonbay Communities Inc | 28.69 | $27.41B |
As of May 3, 2024, AVB stock has a price to earnings ratio of 28.69.
As an average over the last 3 years, AVB stock has a PE ratio of 27.03.
As an average over the last 5 years, AVB stock has a PE ratio of 28.38.
Over the last ten years, the quarterly PE ratio reached a historic high of 37.18 in the Dec 2019 quarter.
AVB's current price to earnings ratio is 0.8% above its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 3, 2024), Avalonbay Communities's stock price is $192.81. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $6.72. Therefore, Avalonbay Communities's P/E ratio for today is 28.69. PE RATIO(28.69) = STOCK PRICE($192.81) / TTM EPS($6.72)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.