P/E ratio for Mid-America Apartment Communities (MAA)
P/E ratio as of May 2024 (TTM): 27.3
According to Mid-America Apartment Communities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.3174. 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 |
|---|---|---|
| 2022 | 28.6 | -42.54% |
| 2021 | 49.8 | -13.57% |
| 2020 | 57.6 | 33.64% |
| 2019 | 43.1 | -13.1% |
| 2018 | 49.6 | 41.02% |
| 2017 | 35.2 | -1.61% |
| 2016 | 35.7 | 73.55% |
| 2015 | 20.6 | -45.68% |
| 2014 | 37.9 | 74.51% |
| 2013 | 21.7 | -14.45% |
| 2012 | 25.4 | -46.41% |
| 2011 | 47.4 | -57.46% |
| 2010 | 111 | 98.41% |
| 2009 | 56.1 | -3.31% |
| 2008 | 58.1 | 35.82% |
| 2007 | 42.8 | -78.34% |
| 2006 | 197 | 1.74% |
| 2005 | 194 | 140.03% |
| 2004 | 80.8 | -116.85% |
| 2003 | -480 | 115.82% |
| 2002 | -222 | -708.5% |
| 2001 | 36.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Boston Properties
BXP | 51.3 | 87.90% | 🇺🇸 USA |
 Digital Realty DLR | 49.1 | 79.86% | 🇺🇸 USA |
 CyrusOne
CONE | 452 | 1,553.89% | 🇺🇸 USA |
 Macerich MAC | -10.4 | -137.95% | 🇺🇸 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.