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AvalonBay Communities (BSP:A1VB34) Cyclically Adjusted PS Ratio : 10.21 (As of Jun. 04, 2025)


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What is AvalonBay Communities Cyclically Adjusted PS Ratio?

As of today (2025-06-04), AvalonBay Communities's current share price is R$294.00. AvalonBay Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was R$28.80. AvalonBay Communities's Cyclically Adjusted PS Ratio for today is 10.21.

The historical rank and industry rank for AvalonBay Communities's Cyclically Adjusted PS Ratio or its related term are showing as below:

BSP:A1VB34' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 8.58   Med: 13.3   Max: 16.2
Current: 10.25

During the past years, AvalonBay Communities's highest Cyclically Adjusted PS Ratio was 16.20. The lowest was 8.58. And the median was 13.30.

BSP:A1VB34's Cyclically Adjusted PS Ratio is ranked worse than
84.6% of 513 companies
in the REITs industry
Industry Median: 5.35 vs BSP:A1VB34: 10.25

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.

AvalonBay Communities's adjusted revenue per share data for the three months ended in Mar. 2025 was R$7.536. 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 R$28.80 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AvalonBay Communities Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AvalonBay Communities's Cyclically Adjusted PS Ratio can be seen below:

* 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.

* Premium members only.

AvalonBay Communities Cyclically Adjusted PS Ratio Chart

AvalonBay Communities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.80 15.46 9.01 9.86 11.07

AvalonBay Communities Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.55 10.54 11.38 11.07 10.62

Competitive Comparison of AvalonBay Communities's Cyclically Adjusted PS Ratio

For the REIT - Residential subindustry, AvalonBay Communities'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.


AvalonBay Communities's Cyclically Adjusted PS Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AvalonBay Communities's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AvalonBay Communities's Cyclically Adjusted PS Ratio falls into.


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AvalonBay Communities 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.

AvalonBay Communities's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=294.00/28.80
=10.21

* 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.

AvalonBay Communities's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AvalonBay Communities's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.536/134.9266*134.9266
=7.536

Current CPI (Mar. 2025) = 134.9266.

AvalonBay Communities Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 2.674 100.684 3.583
201509 3.443 100.392 4.627
201512 3.396 99.792 4.592
201603 3.422 100.470 4.596
201606 3.128 101.688 4.150
201609 3.053 101.861 4.044
201612 3.160 101.863 4.186
201703 2.969 102.862 3.895
201706 3.163 103.349 4.129
201709 3.117 104.136 4.039
201712 3.309 104.011 4.293
201803 3.311 105.290 4.243
201806 3.883 106.317 4.928
201809 4.277 106.507 5.418
201812 4.056 105.998 5.163
201903 3.916 107.251 4.927
201906 3.985 108.070 4.975
201909 4.327 108.329 5.389
201912 4.351 108.420 5.415
202003 5.226 108.902 6.475
202006 5.312 108.767 6.590
202009 5.448 109.815 6.694
202012 5.120 109.897 6.286
202103 5.564 111.754 6.718
202106 5.057 114.631 5.952
202109 5.485 115.734 6.395
202112 6.074 117.630 6.967
202203 5.457 121.301 6.070
202206 5.813 125.017 6.274
202209 6.230 125.227 6.713
202212 6.272 125.222 6.758
202303 6.274 127.348 6.647
202306 5.898 128.729 6.182
202309 6.057 129.860 6.293
202312 6.069 129.419 6.327
202403 6.240 131.776 6.389
202406 6.866 132.554 6.989
202409 7.133 133.029 7.235
202412 7.915 133.157 8.020
202503 7.536 134.927 7.536

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


AvalonBay Communities  (BSP:A1VB34) 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.


AvalonBay Communities Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of AvalonBay Communities's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AvalonBay Communities Business Description

Traded in Other Exchanges
Address
4040 Wilson Boulevard, Suite 1000, Arlington, VA, USA, 22203
AvalonBay Communities owns a portfolio of 289 apartment communities with over 87,000 units and is developing 17 additional properties with over 6,000 units. The company focuses on owning large, high-quality properties in major metropolitan areas of New England, New York/New Jersey, Washington, D.C., California, and the Pacific Northwest.

AvalonBay Communities Headlines

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