Mid-America Apartment Communities
MAA
#869
Rank
$17.33 B
Marketcap
$146.14
Share price
-2.71%
Change (1 day)
-23.93%
Change (1 year)
Mid-America Apartment Communities is a real estate investment trust based that invests in apartments in the Southeastern United States and the Southwestern United States.

P/E ratio for Mid-America Apartment Communities (MAA)

P/E ratio as of October 2022 (TTM): 28.8

According to Mid-America Apartment Communities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7882. At the end of 2021 the company had a P/E ratio of 49.8.

P/E ratio history for Mid-America Apartment Communities from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202149.8-13.57%
202057.633.64%
201943.1-13.1%
201849.641.02%
201735.2-1.61%
201635.773.55%
201520.6-45.68%
201437.974.19%
201321.8

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.