AVB
Avalonbay Communities
PE ratio, current and historical analysis
- Stocks
- Real Estate
- NYSE: AVB
- PE Ratio
As at Jun 22, 2026, the AVB stock has a PE ratio of 22.29. This is based on the current EPS of $8.07 and the stock price of $179.89 per share. A decrease of 4.3% has been seen in the P/E ratio compared to the average of 23.3 of the last 4 quarters.
AVB PE ratio history
The mean historical PE ratio of Avalonbay Communities over the last ten years is 27.7. The current 22.29 PE ratio is 20% 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.
Avalonbay Communities PE ratio by year
Maximum annual increase: 50.59% in 2019
Maximum annual decrease: -50.64% in 2011
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 24.5 | -15.25% | $181.31 | $7.4 |
| 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 |
Avalonbay Communities PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 20.24 | -17.39% | $163.35 | $8.07 |
| Dec 2025 | 24.5 | 4.26% | $181.31 | $7.4 |
| Sep 2025 | 23.5 | -5.77% | $193.17 | $8.22 |
| 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 |
AVB Price vs fair value
AVB 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.
Currently, AVB's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
Avalonbay Communities's P/E of 22.29 is below the Real Estate sector and the industry average. Compared to its Real Estate sector average of 23.85, Avalonbay Communities's P/E is 7% lower.
AVB PE vs peers
Compared to its peer stocks EQR and UDR, AVB's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVB Avalonbay Communities Inc | 22.58 | $25.35B |
| NHI National Health Investors Inc | 23.48 | $3.54B |
| UDR UDR Inc | 25.86 | $12.44B |
| EQR Equity Residential | 26.07 | $24.62B |
Frequently asked questions
What is Avalonbay Communities's PE ratio?
As of Jun 22, 2026, AVB stock has a price to earnings ratio of 22.29.
What is the 3-year average PE ratio for Avalonbay Communities (AVB)?
As an average over the last 3 years, AVB stock has a PE ratio of 26.5.
What is the 5-year average PE ratio for Avalonbay Communities (AVB)?
As an average over the last 5 years, AVB stock has a PE ratio of 26.94.
What is the highest PE ratio for AVB?
Over the last ten years, the quarterly PE ratio reached a historic high of 37.18 in the Dec 2019 quarter.
How does the current PE ratio for AVB compare to its historical average?
AVB's current price to earnings ratio is 20% below its 10-year historical average.
How is AVB's PE ratio calculated (Avalonbay Communities PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 22, 2026), Avalonbay Communities's stock price is $179.89. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $8.07. Therefore, Avalonbay Communities's P/E ratio for today is 22.29. PE RATIO(22.29) = STOCK PRICE($179.89) / TTM EPS($8.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.