Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Apartment Investment & Management Co's Cyclically Adjusted PS Ratio or its related term are showing as below:
AIV's Cyclically Adjusted PS Ratio is not ranked *
in the REITs industry.
Industry Median: 5.635 * Ranked among companies with meaningful Cyclically Adjusted PS Ratio only.
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.
Apartment Investment & Management Co's adjusted revenue per share data for the three months ended in Dec. 2025 was $0.242. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $5.23 for the trailing ten years ended in Dec. 2025.
Shiller PE for Stocks: The True Measure of Stock Valuation
Apartment Investment & Management Co (NYSE:AIV) Cyclically Adjusted PS Ratio Explanation
Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.
Apartment Investment & Management Co Cyclically Adjusted PS Ratio Related Terms
Apartment Investment & Management Co Cyclically Adjusted PS Ratio Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Apartment Investment & Management Co Cyclically Adjusted PS Ratio Chart
AIV vs BRT, FREVS, ELME: Cyclically Adjusted PS Ratio Comparison
For the REIT - Residential subindustry, Apartment Investment & Management Co's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apartment Investment & Management Co Cyclically Adjusted PS Ratio vs REITs Industry
For the REITs industry and Real Estate sector, Apartment Investment & Management Co's Cyclically Adjusted PS Ratio distribution charts can be found below:
* The bar in red indicates where Apartment Investment & Management Co's Cyclically Adjusted PS Ratio falls into.
Apartment Investment & Management Co Cyclically Adjusted PS Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PS Ratio of 0.42 mean?
Apartment Investment & Management Co (AIV) has a Cyclically Adjusted PS Ratio of 0.42 as of Sep. 20, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apartment Investment & Management Co and its competitors. According to the industry distribution chart, Apartment Investment & Management Co ranks #999999 out of 544 companies in the REITs industry.
Is Apartment Investment & Management Co's Cyclically Adjusted PS Ratio too high?
Apartment Investment & Management Co's current Cyclically Adjusted PS Ratio is 0.42. The REITs industry median Cyclically Adjusted PS Ratio is 5.64. Apartment Investment & Management Co's value of 0.42 is 92.5% below this industry median. Based on the distribution chart, Apartment Investment & Management Co ranks #999999 out of 544 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Apartment Investment & Management Co has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Apartment Investment & Management Co's Cyclically Adjusted PS Ratio compare to BRT and FREVS?
According to the REITs industry distribution chart, Apartment Investment & Management Co ranks #999999 out of 544 companies for Cyclically Adjusted PS Ratio. This places Apartment Investment & Management Co in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 5.64. Apartment Investment & Management Co's value of 0.42 is 92.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a REITs company?
The median Cyclically Adjusted PS Ratio among REITs companies is 5.64, based on 544 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apartment Investment & Management Co's current Cyclically Adjusted PS Ratio of 0.42 is 92.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Apartment Investment & Management Co and its competitors. For the REITs industry, the median Cyclically Adjusted PS Ratio is 5.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apartment Investment & Management Co's current Cyclically Adjusted PS Ratio is 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apartment Investment & Management Co stock overvalued right now?
Based on GuruFocus' analysis, Apartment Investment & Management Co (AIV) is currently considered Possible Value Trap. The stock's GF Value™ is $3.48, compared to a current price of $2.18 — trading 37.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 0.42 and 92.5% below the REITs industry median of 5.64. Apartment Investment & Management Co's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Apartment Investment & Management Co (AIV), the current Cyclically Adjusted PS Ratio is 0.42 as of Sep. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apartment Investment & Management Co (AIV) Overvalued in 2026?
Based on GuruFocus' analysis, Apartment Investment & Management Co stock appears to be undervalued.
The current stock price of $2.18 is trading 37.4% below its estimated GF Value™ of $3.48.
GuruFocus considers Apartment Investment & Management Co to be Possible Value Trap.
Key valuation signals for AIV:
Cyclically Adjusted PS Ratio: 0.42
GF Value™: $3.48 vs. price of $2.18 (37.4% below fair value)
Industry Position: 92.5% below the REITs median (#999999 of 544)
No single metric tells the full story. See the AIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apartment Investment & Management Co is a self-managed real estate investment trust. It is focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S multifamily market. Its operating segments are Development. Operating, and Other. The development segment consists of properties that are under construction or have not achieved stabilization, as well as land held for development. The operating segment includes residential apartments, communities with apartment homes that have achieved a stabilized level of operations. The other segment includes The Benson Hotel, the company's only hotel. The majority of revenue is gained from the Operating Segment.
49GF Score
Get the complete analysis for AIV
Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AIV has been successfully added to your 
