Question 1

What is Apartment Investment and Management's P/E ratio?

Accepted Answer

Apartment Investment and Management (AIV) P/E ratio is 0.6× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Apartment Investment and Management?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Apartment Investment and Management specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Apartment Investment and Management's P/E ratio high or low?

Accepted Answer

Apartment Investment and Management's P/E ratio of 0.6× is below its own 5-year average of 1.2× and below the sector median of 28.1×. That places the current reading at the 0th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Apartment Investment and Management's historical P/E ratio range?

Accepted Answer

In the available daily series, Apartment Investment and Management (AIV) P/E ratio has ranged from a low of 0.2× in 2009 to a high of 96.5× in 2021. The 5-year average is 1.2× and the 5-year median is 1.2×.

Question 7

What was Apartment Investment and Management's P/E ratio in 2025?

Accepted Answer

Apartment Investment and Management (AIV) P/E ratio at the end of 2025 was 1.5×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Apartment Investment and Management's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$822M	$554M	1.5×	—	Dec 31, 2025
2024	$1.24B	-$102M	—	—	Dec 31, 2024
2023	—	-$166M	—	—	Dec 31, 2023
2022	—	$71.5M	—	—	Dec 31, 2022
2021	—	-$5.91M	—	—	Dec 31, 2021
2020	—	-$5.04M	—	—	Dec 31, 2020
2019	—	$215M	—	—	Dec 31, 2019
2017	—	$316M	—	—	Dec 31, 2017
2016	—	$36.6M	—	—	Dec 31, 2016
2014	—	$20.6M	—	—	Dec 31, 2014
2013	—	$207M	—	—	Dec 31, 2013
2012	—	$132M	—	—	Dec 31, 2012
2011	$356M	-$57.1M	—	—	Dec 31, 2011
2010	$390M	-$76.8M	—	—	Dec 31, 2010
2009	$238M	-$64.2M	—	—	Dec 31, 2009
2008	$137M	$412M	0.3×	-20.4×	Dec 31, 2008
2007	$619M	$29.9M	20.7×	+14.9×	Dec 31, 2007
2006	$1.02B	$177M	5.8×	-3.8×	Dec 31, 2006
2005	$680M	$71M	9.6×	+7.0×	Dec 31, 2005
2004	$688M	$264M	2.6×	-1.3×	Dec 31, 2004
2003	$613M	$159M	3.9×	-0.0×	Dec 31, 2003
2002	$660M	$169M	3.9×	-2.2×	Dec 31, 2002
2001	$655M	$107M	6.1×	—	Dec 31, 2001


Realty Income (O)	49.4×
Digital Realty Trust (DLR)	45.1×
Weyerhaeuser (WY)	44.4×
Agree Realty (ADC)	41.1×
Mid-America Apartment Communities (MAA)	36.5×
Tanger (SKT)	31.0×
CBRE Group (CBRE)	30.4×
Prologis (PLD)	30.0×
Extra Space Storage (EXR)	29.3×
STAG Industrial (STAG)	28.2×
American Tower (AMT)	28.0×
Camden Property Trust (CPT)	26.4×
BXP (BXP)	26.0×
Invitation Homes (INVH)	25.8×
Public Storage (PSA)	25.0×
Kimco Realty (KIM)	24.5×
UDR (UDR)	22.5×
Regency Centers (REG)	22.1×
NNN REIT (NNN)	20.5×
AvalonBay Communities (AVB)	20.0×
SBA Communications (SBAC)	17.9×
Host Hotels & Resorts (HST)	13.1×
Simon Property Group (SPG)	12.9×
Arbor Realty Trust (ABR)	12.6×
VICI Properties (VICI)	9.4×

P/E Ratio for Apartment Investment and Management (AIV) 2001-2026

P/E Ratio daily chart for Apartment Investment and Management (AIV)

Historical P/E Ratio for Apartment Investment and Management (AIV) from 2001 to 2025

About P/E Ratio at Apartment Investment and Management (AIV)

Apartment Investment and Management P/E Ratio by Year

Apartment Investment and Management P/E Ratio 2025: 1.5×

Apartment Investment and Management P/E Ratio 2008: 0.3×

Apartment Investment and Management P/E Ratio 2007: 20.7×

Apartment Investment and Management P/E Ratio 2006: 5.8×

Apartment Investment and Management P/E Ratio 2005: 9.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Apartment Investment and Management (AIV) Key Financials