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Apartment Investment & Management is Among the Companies in the Residential REITs Industry With the Highest P/E Ratio (AIV, ACC, MAA, BRE, ESS)

By Nick Russo

Below are the three companies in the Residential REITs industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Apartment Investment & Management ranks highest with a a P/E ratio of 88.09. American Campus Communities is next with a a P/E ratio of 80.21. Mid-America Apartment Communities ranks third highest with a a P/E ratio of 48.50.

BRE Properties follows with a a P/E ratio of 46.09, and Essex Property Trust rounds out the top five with a a P/E ratio of 43.62.

SmarTrend recommended that subscribers consider buying shares of Apartment Investment & Management on January 15th, 2014 as our technology indicated a new Uptrend was in progress when shares hit $26.75. Since that recommendation, shares of Apartment Investment & Management have risen 13.6%. We continue to monitor Apartment Investment & Management for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest p/e ratio apartment investment & management american campus communities mid-america apartment communities bre properties essex property trust