AVALONBAY COMMUNITIES INC (AVB)
Real Estate Investment Trusts
Latest Price
$185.61
TTM P/E
23.00
Normalized P/E
25.21
Div Yield
3.79%
Book Value
82.34
P/B Ratio
2.25
Valuation metrics
adjust assumptions →EPS: $7.40
Book value / share: $82.89
Formula: √(22.5 × EPS × BVPS)
Graham Number
$117.48
37% downside
Norm. op. income: $1.8B (median of 7yr)
Tax rate: 5%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$54.49
71% downside
EPS: $7.40
Target P/E: 25×
Formula: EPS × P/E
P/E Fair Value
$185.00
0% downside
Institutional Ownership
84.9% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 17.54M | $2.86B | 12.61% | -1.02M | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.17M | $1.99B | 8.75% | -- | 2026-03-31 |
| STATE STREET CORP | 9.27M | $1.53B | 6.66% | -192.1K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 9.21M | $1.50B | 6.62% | -- | 2026-03-31 |
| PRINCIPAL FINANCIAL GROUP INC | 4.44M | $725.0M | 3.19% | -55.4K | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 4.28M | $697.0M | 3.08% | +131.7K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 3.93M | $642.0M | 2.83% | +782 | 2026-03-31 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.43M | $561.0M | 2.47% | +108.2K | 2026-03-31 |
| NORTHERN TRUST CORP | 2.66M | $435.0M | 1.91% | -194.1K | 2026-03-31 |
| GOLDMAN SACHS GROUP INC | 2.24M | $365.0M | 1.61% | +728.5K | 2026-03-31 |