Mid-America Apartment Communities
MAA
#1143
Rank
$15.81 B
Marketcap
$131.92
Share price
0.86%
Change (1 day)
-7.87%
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 March 2024 (TTM): 26.1

According to Mid-America Apartment Communities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.1078. At the end of 2022 the company had a P/E ratio of 28.6.

P/E ratio history for Mid-America Apartment Communities from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202228.6-42.54%
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%
201437.974.51%
201321.7-14.45%
201225.4-46.41%
201147.4-57.46%
201011198.41%
200956.1-3.31%
200858.135.82%
200742.8-78.34%
20061971.74%
2005194140.03%
200480.8-116.85%
2003-480115.82%
2002-222-708.5%
200136.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
50.9 95.07%๐Ÿ‡บ๐Ÿ‡ธ USA
48.7 86.63%๐Ÿ‡บ๐Ÿ‡ธ USA
452 1,630.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-11.0-142.23%๐Ÿ‡บ๐Ÿ‡ธ USA

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.