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AvalonBay Communities, Inc. (AVB)
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AvalonBay Communities, Inc. (AVB) PE Ratio: 22.93

Is AvalonBay Communities, Inc.’s P/E ratio high or low?

AvalonBay Communities, Inc.'s P/E ratio of 22.93 is 16% below its 5-year average of 27.43, near the low end of its 5-year range (17.97–40.20).

As of Friday, June 12, 2026. 0.60% below its 12-month average of 23.07.

PE Ratio (22.93) = Close Price ($184.36) / Diluted TTM EPS ($8.04)

AVB PE Ratio Chart

AVB PE Ratio
22.93-10.85% 1Y
Zoom

AVB Average PE Ratio Chart

AVB Current vs Average PE Ratio Chart

AVB PE Ratio Metrics

PE RATIO

22.93

PE RATIO AVG TTM

23.07

PE RATIO AVG 3Y

26.67

PE RATIO AVG 5Y

27.43

PE RATIO AVG 10Y

28.18

PE RATIO AVG 15Y

32.44

PE RATIO AVG 20Y

32.63

CURRENT VS TTM AVG

-0.60%

CURRENT VS 3Y AVG

-14.03%

CURRENT VS 5Y AVG

-16.40%

CURRENT VS 10Y AVG

-18.63%

CURRENT VS 15Y AVG

-29.31%

CURRENT VS 20Y AVG

-29.73%

AVB Competitors' PE Ratio

NAMEMARKET CAPPE RATIOTTM3Y5Y
AvalonBay Communities, Inc. (AVB)$26.39B22.9323.0726.6727.43
VICI Properties Inc. (VICI)$30.60B9.6211.4612.4416.08
SBA Communications Corporation (SBAC)$21.60B21.4124.3037.1768.79
Kimco Realty Corporation (KIM)$17.37B29.2626.3939.1375.81
Crown Castle Inc. (CCI)$40.17B38.0369.2237.4646.56
Ventas, Inc. (VTR)$40.78B152.53158.54691.67545.47
Federal Realty Investment Trust (FRT)$10.86B21.4724.0527.9331.79
Agree Realty Corporation (ADC)$8.98B40.2042.3739.1539.14
NNN REIT, Inc. (NNN)$8.77B22.3820.4019.9023.48
Terreno Realty Corporation (TRNO)$7.09B16.3420.7328.6536.97

P/E vs. its own history

At 22.9, P/E is cheaper than usual, sitting higher than 17% of its 20-year history.

20-year low

5.9

median

29.3

20-year high

94.9

cheaperricher

P/E Comparison

Trailing P/E

22.9

Forward P/E

33.6

Forward P/E Calculation

View All Analyst Estimates

Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.

Calculation:

Current Price

$184.36

÷

Forward EPS (Est.)

$5.48

=

Forward P/E

33.62

Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.

AvalonBay Communities, Inc. PE Ratio Formula & Definition

PE Ratio = Share Price / Diluted EPS (TTM)

The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AvalonBay Communities, Inc. PE Ratio FAQ

What is the P/E ratio for AvalonBay Communities, Inc. (AVB)?
The P/E ratio for AVB stock is 22.93.
Is AvalonBay Communities, Inc.'s P/E ratio high or low?
AvalonBay Communities, Inc.'s P/E ratio of 22.93 is 16% below its 5-year average of 27.43, near the low end of its 5-year range (17.97–40.20).
What is the TTM average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The TTM average P/E ratio for AVB stock is 23.07.
What is the 3Y average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The 3Y average P/E ratio for AVB stock is 26.67.
What is the 5Y average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The 5Y average P/E ratio for AVB stock is 27.43.
What is the 10Y average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The 10Y average P/E ratio for AVB stock is 28.18.
What is the 15Y average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The 15Y average P/E ratio for AVB stock is 32.44.
What is the 20Y average P/E ratio for AvalonBay Communities, Inc. (AVB)?
The 20Y average P/E ratio for AVB stock is 32.63.

AvalonBay Communities, Inc. PE Ratio History

DATEPE RATIO
2026-06-1122.93
2026-06-1023.21
2026-06-0923.24
2026-06-0823.33
2026-06-0523.60
2026-06-0423.53
2026-06-0322.78
2026-06-0222.81
2026-06-0122.75
2026-05-2922.70
2026-05-2822.99
2026-05-2723.16
2026-05-2623.02
2026-05-2223.09
2026-05-2122.90
2026-05-2023.22
2026-05-1923.02
2026-05-1823.04
2026-05-1522.49
2026-05-1422.83
2026-05-1323.19
2026-05-1223.26
2026-05-1123.29
2026-05-0822.90
2026-05-0723.11
2026-05-0625.23
2026-05-0525.07
2026-05-0424.69
2026-05-0124.82
2026-04-3024.76
2026-04-2924.95
2026-04-2824.83
2026-04-2723.58
2026-04-2423.33
2026-04-2323.46
2026-04-2223.18
2026-04-2123.29
2026-04-2023.86
2026-04-1723.53
2026-04-1622.95
2026-04-1523.18
2026-04-1423.14
2026-04-1322.94
2026-04-1022.97
2026-04-0922.80
2026-04-0822.80
2026-04-0722.70
2026-04-0622.53
2026-04-0222.47
2026-04-0122.31
2026-03-3122.10
2026-03-3021.86
2026-03-2721.76
2026-03-2622.11
2026-03-2522.14
2026-03-2422.13
2026-03-2322.09
2026-03-2021.84
2026-03-1922.36
2026-03-1822.48
2026-03-1723.08
2026-03-1622.89
2026-03-1322.86
2026-03-1223.14
2026-03-1123.25
2026-03-1023.61
2026-03-0923.91
2026-03-0624.07
2026-03-0524.26
2026-03-0424.10
2026-03-0323.99
2026-03-0224.22
2026-02-2723.98
2026-02-2621.91
2026-02-2521.74
2026-02-2421.66
2026-02-2321.51
2026-02-2021.63
2026-02-1921.65
2026-02-1821.71
2026-02-1721.66
2026-02-1321.49
2026-02-1221.37
2026-02-1121.93
2026-02-1021.64
2026-02-0921.15
2026-02-0621.20
2026-02-0520.70
2026-02-0421.68
2026-02-0321.25
2026-02-0221.38
2026-01-3021.67
2026-01-2921.32
2026-01-2821.09
2026-01-2721.47
2026-01-2621.68
2026-01-2321.80
2026-01-2221.43
2026-01-2121.82
2026-01-2021.74
2026-01-1622.25
2026-01-1522.05
2026-01-1421.97
2026-01-1321.81
2026-01-1221.75
2026-01-0921.87
2026-01-0822.45
2026-01-0721.89
2026-01-0622.41
2026-01-0521.99
2026-01-0222.01
2025-12-3122.11
2025-12-3022.56
2025-12-2922.43
2025-12-2622.34
2025-12-2422.33
2025-12-2322.15
2025-12-2222.26
2025-12-1921.85
2025-12-1822.10
2025-12-1722.10
2025-12-1621.58
2025-12-1521.68
2025-12-1221.57
2025-12-1121.47
2025-12-1021.50
2025-12-0921.39
2025-12-0821.66
2025-12-0521.71
2025-12-0421.88
2025-12-0322.14
2025-12-0222.09
2025-12-0121.91
2025-11-2822.19
2025-11-2622.18
2025-11-2522.15
2025-11-2422.00
2025-11-2122.03
2025-11-2021.59
2025-11-1921.58
2025-11-1821.64
2025-11-1721.65
2025-11-1421.67
2025-11-1321.58
2025-11-1221.71
2025-11-1121.81
2025-11-1021.55
2025-11-0721.63
2025-11-0621.37
2025-11-0521.86
2025-11-0421.66
2025-11-0321.57
2025-10-3121.39
2025-10-3021.49
2025-10-2921.68
2025-10-2822.65
2025-10-2723.17
2025-10-2423.30
2025-10-2323.25
2025-10-2223.29
2025-10-2123.02
2025-10-2023.01
2025-10-1723.00
2025-10-1622.69
2025-10-1522.63
2025-10-1422.81
2025-10-1322.72
2025-10-1022.70
2025-10-0922.86
2025-10-0822.93
2025-10-0723.07
2025-10-0623.07
2025-10-0323.46
2025-10-0223.38
2025-10-0123.54
2025-09-3023.76
2025-09-2923.81
2025-09-2623.97
2025-09-2523.56
2025-09-2423.71
2025-09-2323.91
2025-09-2223.74
2025-09-1923.73
2025-09-1823.82
2025-09-1723.68
2025-09-1623.65
2025-09-1523.72
2025-09-1224.00
2025-09-1124.21
2025-09-1023.69
2025-09-0924.01
2025-09-0823.92
2025-09-0524.04
2025-09-0423.70
2025-09-0323.50
2025-09-0223.25
2025-08-2924.09
2025-08-2823.94
2025-08-2723.88
2025-08-2623.62
2025-08-2523.65
2025-08-2223.82
2025-08-2123.42
2025-08-2023.45
2025-08-1923.55
2025-08-1823.15
2025-08-1523.44
2025-08-1423.29
2025-08-1323.50
2025-08-1222.99
2025-08-1122.77
2025-08-0822.97
2025-08-0723.15
2025-08-0623.23
2025-08-0523.20
2025-08-0422.75
2025-08-0122.97
2025-07-3123.20
2025-07-3024.45
2025-07-2925.30
2025-07-2824.75
2025-07-2525.12
2025-07-2425.10
2025-07-2325.33
2025-07-2225.47
2025-07-2125.00
2025-07-1825.23
2025-07-1725.17
2025-07-1625.14
2025-07-1524.84
2025-07-1425.15
2025-07-1125.14
2025-07-1025.24
2025-07-0924.99
2025-07-0825.09
2025-07-0725.21
2025-07-0325.23
2025-07-0225.16
2025-07-0125.32
2025-06-3025.34
2025-06-2725.45
2025-06-2625.42
2025-06-2525.06
2025-06-2425.67
2025-06-2325.86
2025-06-2025.78
2025-06-1825.72
2025-06-1725.69
2025-06-1625.81
2025-06-1325.68
2025-06-1226.01
2025-06-1125.72
2025-06-1025.90
2025-06-0925.77
2025-06-0625.30
2025-06-0525.28
2025-06-0425.48
2025-06-0325.40
2025-06-0225.80
2025-05-3025.75

Showing the most recent 260 of 5,032 data points. The chart above shows the full history.

About AvalonBay Communities, Inc.

At the close of 2020, AvalonBay Communities held a direct or indirect ownership stake in a substantial portfolio encompassing 291 apartment communities. These properties collectively contained 86,025 residential units across 11 states and the District of Columbia. Among these, 18 communities were actively under development, and one was undergoing redevelopment. As an equity REIT, AvalonBay's primary activities involve the development, redevelopment, acquisition, and management of apartment communities. The company strategically targets prominent metropolitan areas such as New England, the New York/New Jersey metro region, the Mid-Atlantic states, the Pacific Northwest, and both Northern and Southern California. Furthermore, AvalonBay is expanding its presence into key growth markets, specifically Southeast Florida and Denver, Colorado.

Arlington, VA
2,928 employees
Real Estate / REIT - Residential
Sector
Real Estate
Industry
REIT - Residential
CEO
Benjamin W. Schall