Forestar Group
FOR
#4839
Rank
A$2.30 B
Marketcap
$45.48
Share price
-0.71%
Change (1 day)
-5.06%
Change (1 year)

P/E ratio for Forestar Group (FOR)

P/E ratio as of November 2024 (TTM): 10.0

According to Forestar Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.0257. At the end of 2022 the company had a P/E ratio of 4.82.

P/E ratio history for Forestar Group from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.82-42.21%
20218.33-43.43%
202014.7-25.82%
201919.9
201718.591.82%
20169.64-647.96%
2015-1.76-104.34%
201440.554.33%
201326.3-43.94%
201246.8-38.09%
201175.7-41.2%
2010129860.02%
200913.4-53.54%
200828.8-14.4%
200733.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-11.1-210.25%๐Ÿ‡บ๐Ÿ‡ธ USA
33.3 232.61%๐Ÿ‡บ๐Ÿ‡ธ USA
31.3 212.34%๐Ÿ‡บ๐Ÿ‡ธ USA
29.6 194.80%๐Ÿ‡บ๐Ÿ‡ธ USA
54.3 441.70%๐Ÿ‡บ๐Ÿ‡ธ USA
73.5 633.54%๐Ÿ‡บ๐Ÿ‡ธ 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.