According to M/I Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.66347. At the end of 2022 the company had a P/E ratio of 2.62.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.62 | -42.51% |
2021 | 4.56 | -13.85% |
2020 | 5.29 | -38.55% |
2019 | 8.61 | 56.48% |
2018 | 5.50 | -58.89% |
2017 | 13.4 | 11.1% |
2016 | 12.0 | 4.43% |
2015 | 11.5 | -5.53% |
2014 | 12.2 | 187.44% |
2013 | 4.25 | -89.42% |
2012 | 40.2 | -861.21% |
2011 | -5.27 | -51.3% |
2010 | -10.8 | 279.99% |
2009 | -2.85 | 382.99% |
2008 | -0.5901 | -45.54% |
2007 | -1.08 | -107.89% |
2006 | 13.7 | 138.43% |
2005 | 5.76 | -32.15% |
2004 | 8.49 | 23.08% |
2003 | 6.90 | 9.45% |
2002 | 6.30 | -17.52% |
2001 | 7.64 |
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.