As of December 31, 2020, the Company owned or held a direct or indirect ownership interest in 291 apartment communities containing 86,025 apartment homes in 11 states and the District of Columbia, of which 18 communities were under development and one community was under redevelopment. The Company is an equity REIT in the business of developing, redeveloping, acquiring and managing apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion markets consisting of Southeast Florida and Denver, Colorado (the "Expansion Markets").
P/E ratio for AvalonBay Communities, Inc. (AVB)
P/E ratio as of 2023: 28.48
According to AvalonBay Communities, Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.48. At the end of 2022 the company had a P/E ratio of 19.84.
P/E ratio history for AvalonBay Communities, Inc. from 1994 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 28.48 |
| 2022 | 19.84 |
| 2021 | 35.06 |
| 2020 | 27.16 |
| 2019 | 37.20 |
| 2018 | 24.69 |
| 2017 | 28.06 |
| 2016 | 23.52 |
| 2015 | 33.22 |
| 2014 | 31.28 |
| 2013 | 42.47 |
| 2012 | 31.16 |
| 2011 | 26.59 |
| 2010 | 53.83 |
| 2009 | 42.18 |
| 2008 | 11.30 |
| 2007 | 20.68 |
| 2006 | 34.63 |
| 2005 | 20.20 |
| 2004 | 24.51 |
| 2003 | 12.08 |
| 2002 | 15.53 |
| 2001 | 12.89 |
| 2000 | 15.76 |
| 1999 | 12.99 |
| 1998 | 18.50 |
| 1997 | 28.29 |
| 1996 | 27.63 |
| 1995 | 26.79 |
| 1994 | 30.97 |