AvalonBay Communities, Inc., a member of the S&P 500, is an equity REIT that develops, redevelops, acquires and manages apartment communities in leading metropolitan areas in New England, the New York/New Jersey Metro area, the Mid-Atlantic, the Pacific Northwest, and Northern and Southern California, as well as in the Company's expansion regions of Raleigh-Durham and Charlotte, North Carolina, Southeast Florida, Dallas and Austin, Texas, and Denver, Colorado. As of December 31, 2024, the Company owned or held a direct or indirect ownership interest in 306 apartment communities containing 93,518 apartment homes in 12 states and the District of Columbia, of which 17 communities were under development.

Period	PE Ratio
2015-12-31	30.42
2016-12-31	22.38
2017-12-31	26.50
2018-12-31	23.90
2019-12-31	29.88
2020-12-31	28.61
2021-12-31	23.44
2022-12-31	20.73
2023-12-31	25.69
2024-12-31	22.14

	A	B	C	D
1	Symbol	Price	Change	Volume
2	AVB	$168.51	+0.00%	0.92M
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