According to LGI Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7824. At the end of 2022 the company had a P/E ratio of 6.67.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.67 | -24.64% |
2021 | 8.85 | 7.97% |
2020 | 8.20 | -11.1% |
2019 | 9.22 | 40.53% |
2018 | 6.56 | -54.16% |
2017 | 14.3 | 79.42% |
2016 | 7.98 | -13.08% |
2015 | 9.18 | -15.7% |
2014 | 10.9 | 0.73% |
2013 | 10.8 |
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.