Reason: Acquired by Sekisui House
Last recorded trade on: June 21, 2024
Source: https://www.prnewswire.com/news-releases/sekisui-house-completes-acquisition-of-mdc-holdings-expanding-us-business-by-strengthening-the-delivery-of-high-quality-detached-homes-across-16-states-302122083.html
P/E ratio for MDC Holdings (MDC)
P/E ratio on June 21, 2024 (TTM): 12.8
According to MDC Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7748. At the end of 2022 the company had a P/E ratio of 4.01.
P/E ratio history for MDC Holdings from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.01 | -41.61% |
| 2021 | 6.86 | -16.76% |
| 2020 | 8.24 | -17.3% |
| 2019 | 9.96 | 22.57% |
| 2018 | 8.13 | |
| 2016 | 13.9 | -35.39% |
| 2015 | 21.4 | -7.12% |
| 2014 | 23.1 | 305.46% |
| 2013 | 5.69 | |
| 2011 | -9.48 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NVR NVR | 15.1 | 18.16% | 🇺🇸 USA |
 KB Home
KBH | 7.35 | -42.48% | 🇺🇸 USA |
 PulteGroup PHM | 8.19 | -35.92% | 🇺🇸 USA |
 D. R. Horton
DHI | 11.1 | -13.21% | 🇺🇸 USA |
 Lennar LEN | 9.58 | -24.98% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 3.93 | -69.25% | 🇺🇸 USA |
 Taylor Morrison
TMHC | 6.95 | -45.57% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 9.09 | -28.85% | 🇺🇸 USA |
 M/I Homes
MHO | 6.29 | -50.74% | 🇺🇸 USA |
 Toll Brothers
TOL | 9.03 | -29.28% | 🇺🇸 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.