Apartment Investment & Management (AIV) Price to Book (2009 - 2025)
Apartment Investment & Management's (AIV) Price to Book stood at 2.11 in Q4 2025, down 71.2% from 7.32 a year earlier and down 80.3% from the prior quarter.
Apartment Investment & Management (AIV) Price to Book (2009 - 2025) Analysis & Trends
Starting with Q4 2009, Apartment Investment & Management's Price to Book history includes 35 quarters.
- Across earlier years, Price to Book came in at 7.32 in FY2024 (+179.2%), 2.62 in FY2023 (+57.1%), 1.67 in FY2022 (-18.9%) and 2.06 in FY2021 (+46.2%).
- The Q4 2025 figure is the lowest quarterly Price to Book since Q3 2023.
- On a year-over-year basis, Price to Book rose in seven of the last eight quarters, with growth averaging 108.1%.
- Peak year-over-year performance for Price to Book in the last five years was growth of 179.2% in Q4 2024, against a decline of 71.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 10.73 (Q3 2025), 8.72 (Q2 2025) and 7.73 (Q1 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Welltower | 163.71 Bn | 146.23 Bn | 1.39 Bn |
| 2 | Prologis | 119.65 Bn | 124.04 Bn | - |
| 3 | Simon Property | 68.89 Bn | 70.10 Bn | - |
| 4 | Realty Income | 50.65 Bn | 53.03 Bn | - |
| 5 | Public Storage | 49.89 Bn | 48.98 Bn | - |
| 6 | Ventas | 42.94 Bn | 42.14 Bn | - |
| 7 | Extra Space Storage | 28.13 Bn | 28.13 Bn | 642.43 Mn |
| 8 | Vici Properties | 25.04 Bn | 23.15 Bn | 1.05 Bn |
| 9 | Vivmark Residential | 22.56 Bn | 22.75 Bn | - |
| 10 | Apartment Investment & Management | 283.73 Mn | -818.60 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.11 |
| Sep 30, 2025 | 10.73 |
| Jun 30, 2025 | 8.72 |
| Mar 31, 2025 | 7.73 |
| Dec 31, 2024 | 7.32 |
| Sep 30, 2024 | 4.24 |
| Jun 30, 2024 | 3.58 |
| Mar 31, 2024 | 2.83 |
| Dec 31, 2023 | 2.62 |
| Sep 30, 2023 | 1.65 |
| Jun 30, 2023 | 2.05 |
| Mar 31, 2023 | 1.83 |
| Dec 31, 2022 | 1.67 |
| Sep 30, 2022 | 1.28 |
| Jun 30, 2022 | 1.16 |
| Mar 31, 2022 | 1.88 |
| Dec 31, 2021 | 2.06 |
| Sep 30, 2021 | 1.82 |
| Jun 30, 2021 | 1.78 |
| Mar 31, 2021 | 1.58 |
Apartment Investment & Management Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=AIV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "AIV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=AIV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();