P/E ratio for M/I Homes (MHO)
P/E ratio as of June 2024 (TTM): 7.03
According to M/I Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.02767. At the end of 2022 the company had a P/E ratio of 2.62.
P/E ratio history for M/I Homes from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.62 | -42.51% |
| 2021 | 4.56 | -13.85% |
| 2020 | 5.29 | -38.55% |
| 2019 | 8.61 | 56.48% |
| 2018 | 5.50 | -58.89% |
| 2017 | 13.4 | 11.1% |
| 2016 | 12.0 | 4.43% |
| 2015 | 11.5 | -5.53% |
| 2014 | 12.2 | 187.44% |
| 2013 | 4.25 | -89.42% |
| 2012 | 40.2 | -861.21% |
| 2011 | -5.27 | -51.3% |
| 2010 | -10.8 | 279.99% |
| 2009 | -2.85 | 382.99% |
| 2008 | -0.5901 | -45.54% |
| 2007 | -1.08 | -107.89% |
| 2006 | 13.7 | 138.43% |
| 2005 | 5.76 | -32.15% |
| 2004 | 8.49 | 23.08% |
| 2003 | 6.90 | 9.45% |
| 2002 | 6.30 | -17.52% |
| 2001 | 7.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 10.3 | 46.10% | 🇺🇸 USA |
 Lennar LEN | 11.6 | 65.52% | 🇺🇸 USA |
 NVR NVR | 14.8 | 110.12% | 🇺🇸 USA |
 PulteGroup PHM | 9.37 | 33.28% | 🇺🇸 USA |
 MDC Holdings
MDC | 12.8 | 81.78% | 🇺🇸 USA |
 Taylor Morrison
TMHC | 7.12 | 1.33% | 🇺🇸 USA |
 Meritage Homes MTH | 8.01 | 14.00% | 🇺🇸 USA |
 KB Home
KBH | 8.86 | 26.10% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 6.34 | -9.85% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 4.39 | -37.54% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.