Hovnanian Enterprises
HOV
#5125
Rank
$1.13 B
Marketcap
$190.69
Share price
5.56%
Change (1 day)
89.59%
Change (1 year)

P/E ratio for Hovnanian Enterprises (HOV)

P/E ratio as of July 2024 (TTM): 8.47

According to Hovnanian Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.46758. At the end of 2022 the company had a P/E ratio of 1.40.

P/E ratio history for Hovnanian Enterprises from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.40-3.01%
20211.44-67.62%
20204.45-252.12%
2019-2.93-107.23%
201840.5-2819.72%
2017-1.49-98.19%
2016-82.2399.5%
2015-16.5-912.77%
20142.02-93.58%
201331.5-320.67%
2012-14.32737.44%
2011-0.5035-100.62%
201081.8-19591.41%
2009-0.4197292.59%
2008-0.1069-84.93%
2007-0.7092-104.6%
200615.4133.12%
20056.61-25.05%
20048.82-14.84%
200310.447.34%
20027.03-23.04%
20019.13

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
10.2 20.58%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 50.87%๐Ÿ‡บ๐Ÿ‡ธ USA
10.2 20.05%๐Ÿ‡บ๐Ÿ‡ธ USA
15.6 84.48%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1 102.12%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5 47.65%๐Ÿ‡บ๐Ÿ‡ธ USA
9.55 12.82%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 50.90%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.