American Healthcare REIT, Inc. (AHR)

Real Estate Investment Trusts

Latest Price

$53.09

TTM P/E

76.94

Normalized P/E

Div Yield

1.88%

Book Value

19.17

P/B Ratio

2.77

Valuation metrics

EPS: $0.42

Book value / share: $18.48

Formula: √(22.5 × EPS × BVPS)

Graham Number

$13.22

75% downside

Norm. op. income: $307M (median of 5yr)

Tax rate: 25%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$13.45

75% downside

EPS: $0.42

Target P/E: 77×

Formula: EPS × P/E

P/E Fair Value

$32.34

39% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	25.85M	$1.35B	13.28%	-2.90M	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	16.98M	$885.0M	8.72%	+851.4K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	9.20M	$479.0M	4.73%	+1.00M	2026-06-30
STATE STREET CORP	9.05M	$473.0M	4.65%	-499.0K	2026-06-30
PRINCIPAL FINANCIAL GROUP INC	8.92M	$465.0M	4.58%	+1.49M	2026-06-30
WELLINGTON MANAGEMENT GROUP LLP	8.66M	$451.0M	4.45%	+375.1K	2026-06-30
Invesco Ltd.	5.26M	$274.0M	2.70%	-1.51M	2026-06-30
FMR LLC	4.57M	$238.0M	2.35%	-496.2K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	4.56M	$238.0M	2.34%	-1.63M	2026-06-30
BANK OF AMERICA CORP /DE/	4.53M	$236.0M	2.33%	+1.30M	2026-06-30