As at Nov 5, 2025, the AVB stock has a PE ratio of 21.78. This is based on the current EPS of $8.16 and the stock price of $177.74 per share. A decrease of 22% has been seen in the P/E ratio compared to the average of 27.8 of the last 4 quarters.
The mean historical PE ratio of Avalonbay Communities over the last ten years is 28.37. The current 21.78 PE ratio is 23% below 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: -50.64% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 28.91 | 1.3% | $219.97 | $7.61 |
| 2023 | 28.54 | 43.63% | $187.22 | $6.56 |
| 2022 | 19.87 | -43.44% | $161.52 | $8.13 |
| 2021 | 35.13 | 28.96% | $252.59 | $7.19 |
| 2020 | 27.24 | -26.73% | $160.43 | $5.89 |
| 2019 | 37.18 | 50.59% | $209.7 | $5.64 |
| 2018 | 24.69 | -11.98% | $174.05 | $7.05 |
| 2017 | 28.05 | 19.21% | $178.41 | $6.36 |
| 2016 | 23.53 | -29.21% | $177.15 | $7.53 |
| 2015 | 33.24 | 6.2% | $184.13 | $5.54 |
| 2014 | 31.3 | -26.4% | $163.39 | $5.22 |
| 2013 | 42.53 | 36.14% | $118.23 | $2.78 |
| 2012 | 31.24 | 16.96% | $135.59 | $4.34 |
| 2011 | 26.71 | -50.64% | $130.6 | $4.89 |
| 2010 | 54.11 | 27.86% | $112.55 | $2.08 |
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2025 | 24.94 | -6.45% | $203.5 | $8.16 |
| Mar 2025 | 26.66 | -7.78% | $214.62 | $8.05 |
| Dec 2024 | 28.91 | -6.04% | $219.97 | $7.61 |
| Sep 2024 | 30.77 | -12.11% | $225.25 | $7.32 |
| Jun 2024 | 35.01 | 26.8% | $206.89 | $5.91 |
| Mar 2024 | 27.61 | -3.26% | $185.56 | $6.72 |
| Dec 2023 | 28.54 | 9.35% | $187.22 | $6.56 |
| Sep 2023 | 26.1 | 22.88% | $171.74 | $6.58 |
| Jun 2023 | 21.24 | -7.61% | $189.27 | $8.91 |
| Mar 2023 | 22.99 | 15.7% | $168.06 | $7.31 |
| Dec 2022 | 19.87 | -5.06% | $161.52 | $8.13 |
| Sep 2022 | 20.93 | -37.18% | $184.19 | $8.8 |
| Jun 2022 | 33.32 | 8.01% | $194.25 | $5.83 |
| Mar 2022 | 30.85 | -12.18% | $248.37 | $8.05 |
| Dec 2021 | 35.13 | 14.58% | $252.59 | $7.19 |
Currently, AVB's PE ratio is below the 3, 5 and 10-year averages.
Avalonbay Communities's P/E of 21.78 is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 24.31, Avalonbay Communities's P/E is 10% lower.
Compared to its peers UDR and NHI, AVB's PE ratio stands lower, however it is higher than EQR's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EQR Equity Residential | 19.53 | $22.74B |
| AVB Avalonbay Communities Inc | 21.78 | $25.31B |
| NHI National Health Investors Inc | 24.1 | $3.62B |
| UDR UDR Inc | 78.11 | $11.36B |
As of Nov 5, 2025, AVB stock has a price to earnings ratio of 21.78.
As an average over the last 3 years, AVB stock has a PE ratio of 26.6.
As an average over the last 5 years, AVB stock has a PE ratio of 27.9.
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 23% below 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 (Nov 5, 2025), Avalonbay Communities's stock price is $177.74. The earnings per share for the trailing twelve months (TTM) ending Jun 2025 is $8.16. Therefore, Avalonbay Communities's P/E ratio for today is 21.78. PE RATIO(21.78) = STOCK PRICE($177.74) / TTM EPS($8.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.