As of Jul 25, 2024, the Mid America Apartment Communities stock's PE ratio is 29.38. This results from the current EPS of $4.77 and stock price of $140.12. The P/E ratio has an increase of 5% from the past four quarters average of 27.9.
The PE ratio of Mid America Apartment Communities has averaged 39.03 over the last ten years. The current PE ratio of 29.38 is 25% below the historical average. In the past ten years, MAA's PE ratio was at its highest in the Sep 2014 quarter at 76.34, when the stock price was $65.65 and the EPS was $0.86. The lowest value was in the Jun 2015 quarter, when it reached 18.34 with a price of $72.81 and an EPS of $3.97.
Maximum annual increase: 76.78% in 2016
Maximum annual decrease: -45.69% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 28.55 | -0.17% |
| 2022 | 28.6 | -42.41% |
| 2021 | 49.66 | -13.77% |
| 2020 | 57.59 | 34.09% |
| 2019 | 42.95 | -13.39% |
| 2018 | 49.59 | 41.04% |
| 2017 | 35.16 | -3.41% |
| 2016 | 36.4 | 76.78% |
| 2015 | 20.59 | -45.69% |
| 2014 | 37.91 | 41.67% |
MAA's current P/E ratio is lower than the 3, 5 and 10-year averages.
MAA's PE ratio is lower than its peer stocks DLR and BXP.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MAA Mid America Apartment Communities Inc | 29.87 | $16.65B |
| DLR Digital Realty Trust Inc | 39.58 | $45.5B |
| BXP Boston Properties Inc | 57.32 | $11.07B |
| MAC Macerich Co | N/A | $3.5B |
As of Jul 25, 2024, MAA stock has a price to earnings ratio of 29.38.
Over the last 3 years, the average price to earnings ratio for MAA stock is 33.6.
Over the last 5 years, the average price to earnings ratio for MAA stock is 39.74.
Over the last ten years, the quarterly PE ratio reached a historic high of 76.34 in the Sep 2014 quarter.
MAA's price to earnings ratio is currently 25% below its 10-year historical average.
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jul 25, 2024), Mid America Apartment Communities's stock price is $140.12. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.77. Therefore, Mid America Apartment Communities's P/E ratio for today is 29.38. PE RATIO(29.38) = STOCK PRICE($140.12) / TTM EPS($4.77)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.