Basis: Latest stored market observation. Source: stored company filings and market data; unavailable inputs remain N/A.
The P/E ratio is 23.58 as of Monday, July 27, 2026.
PE Ratio (23.58) = Close Price ($187.56) / Diluted TTM EPS ($7.95)
PE RATIO
23.58
PE RATIO AVG TTM
22.85
PE RATIO AVG 3Y
26.45
PE RATIO AVG 5Y
27.09
PE RATIO AVG 10Y
27.97
PE RATIO AVG 15Y
28.81
PE RATIO AVG 20Y
29.59
CURRENT VS TTM AVG
+3.19%
CURRENT VS 3Y AVG
-10.84%
CURRENT VS 5Y AVG
-12.95%
CURRENT VS 10Y AVG
-15.70%
CURRENT VS 15Y AVG
-18.15%
CURRENT VS 20Y AVG
-20.32%
SECTOR MEDIAN · REAL ESTATE
32.37
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
-27.15%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.65B
PE Ratio
23.58
TTM Avg
22.85
3Y Avg
26.45
5Y Avg
27.09
Market Cap
$18.31B
PE Ratio
18.25
TTM Avg
23.00
3Y Avg
35.36
5Y Avg
62.97
| NAME | MARKET CAP | PE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.65B | 23.58 | 22.85 | 26.45 | 27.09 |
| Equity Residential (EQR)vs › | $25.21B | 34.32 | 23.23 | 26.98 | 27.43 |
| VICI Properties Inc. (VICI)vs › | $28.60B | 9.15 | 11.00 | 11.95 | 15.97 |
| Extra Space Storage Inc. (EXR)vs › | $31.33B | 33.57 | 31.28 | 32.54 | 31.61 |
| Crown Castle Inc. (CCI)vs › | $32.39B | 30.45 | 59.31 | 37.64 | 44.75 |
| Essex Property Trust, Inc. (ESS)vs › | $18.68B | 32.97 | 23.76 | 28.71 | 34.49 |
| SBA Communications Corporation (SBAC)vs › | $18.31B | 18.25 | 23.00 | 35.36 | 62.97 |
| Kimco Realty Corporation (KIM)vs › | $17.79B | 29.66 | 26.53 | 32.65 | 76.33 |
| Invitation Homes Inc. (INVH)vs › | $17.60B | 31.35 | 30.40 | 39.43 | 52.87 |
| Weyerhaeuser Company (WY)vs › | $17.24B | 43.53 | 55.05 | 43.43 | 30.86 |
At 23.6, P/E is cheaper than usual, sitting higher than 19% of its 20-year history.
20-year low
5.9
median
29.3
20-year high
94.9
Trailing P/E
23.6
Forward P/E
31.4
Forward P/E is calculated using analyst consensus EPS estimates for the current or next fiscal year.
Calculation:
Current Price
$187.56
Forward EPS (Est.)
$6.04
Forward P/E
31.40
Source: FMP Analyst Consensus Estimates. Forward EPS represents the average analyst estimate for the nearest fiscal year.
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
| DATE | PE RATIO |
|---|---|
| 2026-07-24 | 23.58 |
| 2026-07-23 | 23.73 |
| 2026-07-22 | 23.67 |
| 2026-07-21 | 23.71 |
| 2026-07-20 | 23.86 |
| 2026-07-17 | 23.95 |
| 2026-07-16 | 24.32 |
| 2026-07-15 | 23.67 |
| 2026-07-14 | 23.85 |
| 2026-07-13 | 24.20 |
| 2026-07-10 | 23.86 |
| 2026-07-09 | 23.56 |
| 2026-07-08 | 23.52 |
| 2026-07-07 | 24.30 |
| 2026-07-06 | 24.17 |
| 2026-07-02 | 24.12 |
| 2026-07-01 | 23.69 |
| 2026-06-30 | 23.47 |
| 2026-06-29 | 23.96 |
| 2026-06-26 | 23.65 |
| 2026-06-25 | 23.15 |
| 2026-06-24 | 22.84 |
| 2026-06-23 | 22.67 |
| 2026-06-22 | 22.37 |
| 2026-06-18 | 22.05 |
| 2026-06-17 | 22.34 |
| 2026-06-16 | 22.98 |
| 2026-06-15 | 22.95 |
| 2026-06-12 | 23.26 |
| 2026-06-11 | 22.93 |
| 2026-06-10 | 23.21 |
| 2026-06-09 | 23.24 |
| 2026-06-08 | 23.33 |
| 2026-06-05 | 23.60 |
| 2026-06-04 | 23.53 |
| 2026-06-03 | 22.78 |
| 2026-06-02 | 22.81 |
| 2026-06-01 | 22.75 |
| 2026-05-29 | 22.70 |
| 2026-05-28 | 22.99 |
| 2026-05-27 | 23.16 |
| 2026-05-26 | 23.02 |
| 2026-05-22 | 23.09 |
| 2026-05-21 | 22.90 |
| 2026-05-20 | 23.22 |
| 2026-05-19 | 23.02 |
| 2026-05-18 | 23.04 |
| 2026-05-15 | 22.49 |
| 2026-05-14 | 22.83 |
| 2026-05-13 | 23.19 |
| 2026-05-12 | 23.26 |
| 2026-05-11 | 23.29 |
| 2026-05-08 | 22.90 |
| 2026-05-07 | 23.11 |
| 2026-05-06 | 25.23 |
| 2026-05-05 | 25.07 |
| 2026-05-04 | 24.69 |
| 2026-05-01 | 24.82 |
| 2026-04-30 | 24.76 |
| 2026-04-29 | 24.95 |
| 2026-04-28 | 24.83 |
| 2026-04-27 | 23.58 |
| 2026-04-24 | 23.33 |
| 2026-04-23 | 23.46 |
| 2026-04-22 | 23.18 |
| 2026-04-21 | 23.29 |
| 2026-04-20 | 23.86 |
| 2026-04-17 | 23.53 |
| 2026-04-16 | 22.95 |
| 2026-04-15 | 23.18 |
| 2026-04-14 | 23.14 |
| 2026-04-13 | 22.94 |
| 2026-04-10 | 22.97 |
| 2026-04-09 | 22.80 |
| 2026-04-08 | 22.80 |
| 2026-04-07 | 22.70 |
| 2026-04-06 | 22.53 |
| 2026-04-02 | 22.47 |
| 2026-04-01 | 22.31 |
| 2026-03-31 | 22.10 |
| 2026-03-30 | 21.86 |
| 2026-03-27 | 21.76 |
| 2026-03-26 | 22.11 |
| 2026-03-25 | 22.14 |
| 2026-03-24 | 22.13 |
| 2026-03-23 | 22.09 |
| 2026-03-20 | 21.84 |
| 2026-03-19 | 22.36 |
| 2026-03-18 | 22.48 |
| 2026-03-17 | 23.08 |
| 2026-03-16 | 22.89 |
| 2026-03-13 | 22.86 |
| 2026-03-12 | 23.14 |
| 2026-03-11 | 23.25 |
| 2026-03-10 | 23.61 |
| 2026-03-09 | 23.91 |
| 2026-03-06 | 24.07 |
| 2026-03-05 | 24.26 |
| 2026-03-04 | 24.10 |
| 2026-03-03 | 23.99 |
| 2026-03-02 | 24.22 |
| 2026-02-27 | 23.98 |
| 2026-02-26 | 21.91 |
| 2026-02-25 | 21.74 |
| 2026-02-24 | 21.66 |
| 2026-02-23 | 21.51 |
| 2026-02-20 | 21.63 |
| 2026-02-19 | 21.65 |
| 2026-02-18 | 21.71 |
| 2026-02-17 | 21.66 |
| 2026-02-13 | 21.49 |
| 2026-02-12 | 21.37 |
| 2026-02-11 | 21.93 |
| 2026-02-10 | 21.64 |
| 2026-02-09 | 21.15 |
| 2026-02-06 | 21.20 |
| 2026-02-05 | 20.70 |
| 2026-02-04 | 21.68 |
| 2026-02-03 | 21.25 |
| 2026-02-02 | 21.38 |
| 2026-01-30 | 21.67 |
| 2026-01-29 | 21.32 |
| 2026-01-28 | 21.09 |
| 2026-01-27 | 21.47 |
| 2026-01-26 | 21.68 |
| 2026-01-23 | 21.80 |
| 2026-01-22 | 21.43 |
| 2026-01-21 | 21.82 |
| 2026-01-20 | 21.74 |
| 2026-01-16 | 22.25 |
| 2026-01-15 | 22.05 |
| 2026-01-14 | 21.97 |
| 2026-01-13 | 21.81 |
| 2026-01-12 | 21.75 |
| 2026-01-09 | 21.87 |
| 2026-01-08 | 22.45 |
| 2026-01-07 | 21.89 |
| 2026-01-06 | 22.41 |
| 2026-01-05 | 21.99 |
| 2026-01-02 | 22.01 |
| 2025-12-31 | 22.11 |
| 2025-12-30 | 22.56 |
| 2025-12-29 | 22.43 |
| 2025-12-26 | 22.34 |
| 2025-12-24 | 22.33 |
| 2025-12-23 | 22.15 |
| 2025-12-22 | 22.26 |
| 2025-12-19 | 21.85 |
| 2025-12-18 | 22.10 |
| 2025-12-17 | 22.10 |
| 2025-12-16 | 21.58 |
| 2025-12-15 | 21.68 |
| 2025-12-12 | 21.57 |
| 2025-12-11 | 21.47 |
| 2025-12-10 | 21.50 |
| 2025-12-09 | 21.39 |
| 2025-12-08 | 21.66 |
| 2025-12-05 | 21.71 |
| 2025-12-04 | 21.88 |
| 2025-12-03 | 22.14 |
| 2025-12-02 | 22.09 |
| 2025-12-01 | 21.91 |
| 2025-11-28 | 22.19 |
| 2025-11-26 | 22.18 |
| 2025-11-25 | 22.15 |
| 2025-11-24 | 22.00 |
| 2025-11-21 | 22.03 |
| 2025-11-20 | 21.59 |
| 2025-11-19 | 21.58 |
| 2025-11-18 | 21.64 |
| 2025-11-17 | 21.65 |
| 2025-11-14 | 21.67 |
| 2025-11-13 | 21.58 |
| 2025-11-12 | 21.71 |
| 2025-11-11 | 21.81 |
| 2025-11-10 | 21.55 |
| 2025-11-07 | 21.63 |
| 2025-11-06 | 21.37 |
| 2025-11-05 | 21.86 |
| 2025-11-04 | 21.66 |
| 2025-11-03 | 21.57 |
| 2025-10-31 | 21.39 |
| 2025-10-30 | 21.49 |
| 2025-10-29 | 21.68 |
| 2025-10-28 | 22.65 |
| 2025-10-27 | 23.17 |
| 2025-10-24 | 23.30 |
| 2025-10-23 | 23.25 |
| 2025-10-22 | 23.29 |
| 2025-10-21 | 23.02 |
| 2025-10-20 | 23.01 |
| 2025-10-17 | 23.00 |
| 2025-10-16 | 22.69 |
| 2025-10-15 | 22.63 |
| 2025-10-14 | 22.81 |
| 2025-10-13 | 22.72 |
| 2025-10-10 | 22.70 |
| 2025-10-09 | 22.86 |
| 2025-10-08 | 22.93 |
| 2025-10-07 | 23.07 |
| 2025-10-06 | 23.07 |
| 2025-10-03 | 23.46 |
| 2025-10-02 | 23.38 |
| 2025-10-01 | 23.54 |
| 2025-09-30 | 23.76 |
| 2025-09-29 | 23.81 |
| 2025-09-26 | 23.97 |
| 2025-09-25 | 23.56 |
| 2025-09-24 | 23.71 |
| 2025-09-23 | 23.91 |
| 2025-09-22 | 23.74 |
| 2025-09-19 | 23.73 |
| 2025-09-18 | 23.82 |
| 2025-09-17 | 23.68 |
| 2025-09-16 | 23.65 |
| 2025-09-15 | 23.72 |
| 2025-09-12 | 24.00 |
| 2025-09-11 | 24.21 |
| 2025-09-10 | 23.69 |
| 2025-09-09 | 24.01 |
| 2025-09-08 | 23.92 |
| 2025-09-05 | 24.04 |
| 2025-09-04 | 23.70 |
| 2025-09-03 | 23.50 |
| 2025-09-02 | 23.25 |
| 2025-08-29 | 24.09 |
| 2025-08-28 | 23.94 |
| 2025-08-27 | 23.88 |
| 2025-08-26 | 23.62 |
| 2025-08-25 | 23.65 |
| 2025-08-22 | 23.82 |
| 2025-08-21 | 23.42 |
| 2025-08-20 | 23.45 |
| 2025-08-19 | 23.55 |
| 2025-08-18 | 23.15 |
| 2025-08-15 | 23.44 |
| 2025-08-14 | 23.29 |
| 2025-08-13 | 23.50 |
| 2025-08-12 | 22.99 |
| 2025-08-11 | 22.77 |
| 2025-08-08 | 22.97 |
| 2025-08-07 | 23.15 |
| 2025-08-06 | 23.23 |
| 2025-08-05 | 23.20 |
| 2025-08-04 | 22.75 |
| 2025-08-01 | 22.97 |
| 2025-07-31 | 23.20 |
| 2025-07-30 | 24.45 |
| 2025-07-29 | 25.30 |
| 2025-07-28 | 24.75 |
| 2025-07-25 | 25.12 |
| 2025-07-24 | 25.10 |
| 2025-07-23 | 25.33 |
| 2025-07-22 | 25.47 |
| 2025-07-21 | 25.00 |
| 2025-07-18 | 25.23 |
| 2025-07-17 | 25.17 |
| 2025-07-16 | 25.14 |
| 2025-07-15 | 24.84 |
| 2025-07-14 | 25.15 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.