Question 1

What is Invitation Homes's P/E ratio?

Accepted Answer

Invitation Homes (INVH) P/E ratio is 30.7× 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 Invitation Homes?

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 Invitation Homes specifically, the relevant sector benchmark is the current sector median of 28.1×.

Question 5

Is Invitation Homes's P/E ratio high or low?

Accepted Answer

Invitation Homes's P/E ratio of 30.7× is below its own 5-year average of 52.7× and above the sector median of 28.1×. That places the current reading at the 13th 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 Invitation Homes's historical P/E ratio range?

Accepted Answer

In the available daily series, Invitation Homes (INVH) P/E ratio has ranged from a low of 25.4× in 2026 to a high of 382.5× in 2019. The 5-year average is 52.7× and the 5-year median is 46.2×.

Question 7

What was Invitation Homes's P/E ratio in 2025?

Accepted Answer

Invitation Homes (INVH) P/E ratio at the end of 2025 was 29.0×. 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 Invitation Homes'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	$17B	$588M	29.0×	-14.2×	Dec 31, 2025
2024	$19.6B	$454M	43.1×	+3.0×	Dec 31, 2024
2023	$20.9B	$519M	40.2×	-7.1×	Dec 31, 2023
2022	$18.1B	$383M	47.3×	-56.4×	Dec 31, 2022
2021	$27.1B	$261M	103.7×	+18.4×	Dec 31, 2021
2020	$16.7B	$196M	85.4×	-25.9×	Dec 31, 2020
2019	$16.2B	$145M	111.3×	—	Dec 31, 2019
2018	$10.5B	-$4.93M	—	—	Dec 31, 2018
2017	$12.2B	-$105M	—	—	Dec 31, 2017
2016	$6.04B	-$78.2M	—	—	Dec 31, 2016
2015	$6.04B	-$160M	—	—	Dec 31, 2015


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×
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×
Apartment Investment and Management (AIV)	1.0×

P/E Ratio for Invitation Homes (INVH) 2019-2026

P/E Ratio daily chart for Invitation Homes (INVH)

Historical P/E Ratio for Invitation Homes (INVH) from 2015 to 2025

About P/E Ratio at Invitation Homes (INVH)

Invitation Homes P/E Ratio by Year

Invitation Homes P/E Ratio 2025: 29.0×

Invitation Homes P/E Ratio 2024: 43.1×

Invitation Homes P/E Ratio 2023: 40.2×

Invitation Homes P/E Ratio 2022: 47.3×

Invitation Homes P/E Ratio 2021: 103.7×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Invitation Homes (INVH) Key Financials