Start with its own history
At 7.68×, AIV is 98.5% below its 6-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · AIVREIT - ResidentialUpdated Nov 5, 2026
Apartment Investment and Management Company P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
7.68×
98.5% belowthe 6-observation annual average
Share price1.69
÷Earnings per share0.22
Price and EPS in quote currency. Calculation details
Investors are paying 7.68 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 508.89×
3-year average1.50×1 positive annual observations
5-year average7.87×2 positive annual observations
10-year average508.89×6 positive annual observations
Peer median · TTM19.15×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 25 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 1.50× | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | 14.24× | N/M |
| Dec 31, 2021 | N/M | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 2752.00× | +925.5% |
| Dec 31, 2018 | 268.35× | +9398.3% |
View all 25 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 2.83× | -80.4% |
| Dec 31, 2016 | 14.40× | +451.3% |
| Dec 31, 2015 | 2.61× | -92.1% |
| Dec 31, 2014 | 33.00× | +1306.1% |
| Dec 31, 2013 | 2.35× | -33.5% |
| Dec 31, 2012 | 3.53× | N/M |
| Dec 31, 2011 | N/M | N/M |
| Dec 31, 2010 | N/M | N/M |
| Dec 31, 2009 | N/M | N/M |
| Dec 31, 2008 | 0.44× | -97.9% |
| Dec 31, 2007 | 21.05× | +263.9% |
| Dec 31, 2006 | 5.78× | -39.2% |
| Dec 31, 2005 | 9.51× | +267.0% |
| Dec 31, 2004 | 2.59× | -33.0% |
| Dec 31, 2003 | 3.87× | +5.4% |
| Dec 31, 2002 | 3.67× | -38.5% |
| Dec 31, 2001 | 5.97× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How AIV compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 AIV This stockApartment Investment and Management Company | 7.68× |
 NXRTNexPoint Residential Trust, Inc. | N/M |
 RWTRedwood Trust, Inc. | N/M |
 MITTTPG Mortgage Investment Trust Inc | 7.46× |
 BRSPBrightSpire Capital, Inc. | 28.23× |
 BFSSaul Centers, Inc. | 20.35× |
 LANDGladstone Land Corporation | N/M |
 CTOCTO Realty Growth, Inc. | 17.95× |
 AHHAH Realty Trust, Inc. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does AIV’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 19.15×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take AIV into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("AIV", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 1.69 ÷ EPS 0.22 = 7.68×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
AIV P/E ratio: common questions
The essentials behind the numbers.
Apartment Investment and Management Company's current P/E is 7.68× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.