Apartment Income REIT
AIRC
#2545
Rank
NZ$9.16 B
Marketcap
$63.17
Share price
-0.03%
Change (1 day)
16.09%
Change (1 year)

P/E ratio for Apartment Income REIT (AIRC)

P/E ratio as of September 2024 (TTM): 18.4

According to Apartment Income REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.434. At the end of 2022 the company had a P/E ratio of 5.84.

P/E ratio history for Apartment Income REIT from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.84-69.21%
202119.0-138.55%
2020-49.2-428.57%
201915.054.62%
20189.69-53.04%
201720.631.5%
201615.7-35.6%
201524.446.03%
201416.7-2.56%
201317.1-62.38%
201245.5-284.69%
2011-24.711.34%
2010-22.150.29%
2009-14.7-497.91%
20083.70-104.11%
2007-90.2-266.94%
200654.0-118.49%
2005-292-1156.32%
200427.7-41.11%
200347.021.83%
200238.5-79.97%
2001192

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
13.3-28.02%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.