P/E ratio for Forestar Group (FOR)
P/E ratio as of April 2024 (TTM): 10.7
According to Forestar Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7226. 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 |
|---|---|---|
| 2022 | 4.82 | -42.21% |
| 2021 | 8.33 | -43.43% |
| 2020 | 14.7 | -25.82% |
| 2019 | 19.9 | |
| 2017 | 18.5 | 91.82% |
| 2016 | 9.64 | -647.96% |
| 2015 | -1.76 | -104.34% |
| 2014 | 40.5 | 54.33% |
| 2013 | 26.3 | -43.94% |
| 2012 | 46.8 | -38.09% |
| 2011 | 75.7 | -41.2% |
| 2010 | 129 | 860.02% |
| 2009 | 13.4 | -53.54% |
| 2008 | 28.8 | -14.4% |
| 2007 | 33.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Stratus Properties STRS | -9.61 | -189.66% | 🇺🇸 USA |
 Louisiana-Pacific
LPX | 48.8 | 355.09% | 🇺🇸 USA |
 St. Joe Company
JOE | 36.8 | 243.19% | 🇺🇸 USA |
 Tejon Ranch
TRC | 31.6 | 194.55% | 🇺🇸 USA |
 Rayonier RYN | 54.8 | 411.49% | 🇺🇸 USA |
 Howard Hughes Holdings
HHH | 26.8 | 149.60% | 🇺🇸 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.