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American Homes 4 RentAMH -2.11%86 Shiller PE Ratio is 55.73 as of Aug. 27, 2026, which is 59% below its 10-year median of 135.32. GuruFocus rates AMH with a GF Score™ of 86/100 and a GF Value™ of $39.60 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 476 REITs companies, American Homes 4 Rent ranks worse than 93.07% on this metric.
The historical rank and industry rank for American Homes 4 Rent's Shiller PE Ratio or its related term are showing as below:
AMH'
s Shiller PE Ratio Range Over the Past 10 Years
Min: 51.93 Med: 135.32 Max: 3461
Current: 55.73
During the past years, American Homes 4 Rent's highest Shiller PE Ratio was 3461.00. The lowest was 51.93. And the median was 135.32.
AMH's Shiller PE Ratio is ranked worse than 93.07% of 476
companies
in the REITs industry
Industry Median: 13.4
vs AMH: 55.73
E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
American Homes 4 Rent's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.310. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.60 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
American Homes 4 Rent (NYSE:AMH) Shiller PE Ratio Explanation
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Be Aware
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
American Homes 4 Rent Shiller PE Ratio Related Terms
American Homes 4 Rent Shiller PE Ratio Historical Data
* Premium members only.
The historical data trend for American Homes 4 Rent's Shiller PE 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.
For the REIT - Residential subindustry, American Homes 4 Rent's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.
American Homes 4 Rent Shiller PE Ratio vs REITs Industry
For the REITs industry and Real Estate sector, American Homes 4 Rent's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where American Homes 4 Rent's Shiller PE Ratio falls into.
American Homes 4 Rent Shiller PE Ratio Calculation
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
* 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.
Add all the adjusted EPS together and divide 10 will get our E10.
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.
American Homes 4 Rent (AMH) has a Shiller PE Ratio of 55.73 as of Aug. 27, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on American Homes 4 Rent and its competitors. This is 59% below median its historical median of 135.32. Over the past decade, American Homes 4 Rent's Shiller PE Ratio has ranged from 51.93 to 3,461.00. According to the industry distribution chart, American Homes 4 Rent ranks #443 out of 476 companies in the REITs industry, placing it in the top 93.1%.
Is American Homes 4 Rent's Shiller PE Ratio too high?
American Homes 4 Rent's current Shiller PE Ratio of 55.73 is 59% below median its 10-year median of 135.32. Over the past 10 years, this metric has ranged from a low of 51.93 to a high of 3,461.00. The REITs industry median Shiller PE Ratio is 13.40. American Homes 4 Rent's value of 55.73 is 315.9% above this industry median. Based on the distribution chart, American Homes 4 Rent ranks #443 out of 476 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, American Homes 4 Rent has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Homes 4 Rent's Shiller PE Ratio compare to CPT and ELS?
According to the REITs industry distribution chart, American Homes 4 Rent ranks #443 out of 476 companies for Shiller PE Ratio. This places American Homes 4 Rent in the lower half of its industry. The industry median Shiller PE Ratio is 13.40. American Homes 4 Rent's value of 55.73 is 315.9% above this benchmark. Historically, American Homes 4 Rent's own Shiller PE Ratio has ranged from 51.93 to 3,461.00 over the past decade. While the company's 10-year median is 135.32 vs. the industry median of 13.40, American Homes 4 Rent has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a REITs company?
The median Shiller PE Ratio among REITs companies is 13.40, based on 476 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. American Homes 4 Rent's current Shiller PE Ratio of 55.73 is 315.9% above 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on American Homes 4 Rent and its competitors. For the REITs industry, the median Shiller PE Ratio is 13.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Homes 4 Rent's current Shiller PE Ratio is 55.73, which is 59% below median its own 10-year median of 135.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Homes 4 Rent stock overvalued right now?
Based on GuruFocus' analysis, American Homes 4 Rent (AMH) is currently considered Modestly Undervalued. The stock's GF Value™ is $39.60, compared to a current price of $33.44 — trading 15.6% below its estimated fair value. The current Shiller PE Ratio is 55.73, which is 59% below median its 10-year median of 135.32 and 315.9% above the REITs industry median of 13.40. American Homes 4 Rent's overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For American Homes 4 Rent (AMH), the current Shiller PE Ratio is 55.73 as of Aug. 27, 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 American Homes 4 Rent (AMH) Overvalued in 2026?
Based on GuruFocus' analysis, American Homes 4 Rent stock appears to be undervalued.
The current stock price of $33.44 is trading 15.6% below its estimated GF Value™ of $39.60.
GuruFocus considers American Homes 4 Rent to be Modestly Undervalued.
Key valuation signals for AMH:
Shiller PE Ratio: 55.73 (59% below median its 10-year median of 135.32)
GF Value™: $39.60 vs. price of $33.44 (15.6% below fair value)
Industry Position: 315.9% above the REITs median (#443 of 476)
No single metric tells the full story. See the AMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Homes 4 Rent is a real estate investment trust focused on acquiring, operating, and leasing single-family homes as rental properties throughout the United States. The company's real estate portfolio is largely comprised of single-family properties in urban markets in the Southern and Midwestern regions of the U.S. American Homes 4 Rent's land holdings also represent a sizable percentage of its total assets in terms of value. The company derives the vast majority of its income in the form of rental revenue from single-family properties through short-term or annual leases. The firm's geographical markets include Dallas, Texas; Indianapolis, Indiana; Atlanta, Georgia; and Charlotte, North Carolina in terms of the number of properties in each.
86GF Score
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