Lennar
LEN
#420
Rank
$46.42 B
Marketcap
$171.98
Share price
2.07%
Change (1 day)
69.04%
Change (1 year)
Lennar is an American construction company that is specialized in building private homes.

P/E ratio for Lennar (LEN)

P/E ratio as of March 2024 (TTM): 12.7

According to Lennar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7393. At the end of 2022 the company had a P/E ratio of 5.73.

P/E ratio history for Lennar from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.73-29.54%
20218.13-15.97%
20209.670.22%
20199.6529.93%
20187.43-55.71%
201716.859.72%
201610.5-17.36%
201512.7-11.78%
201414.4-10.33%
201316.148.28%
201210.8-73.06%
201140.26.94%
201037.6-816.52%
2009-5.25323.16%
2008-1.24-14.97%
2007-1.46-110.42%
200614.096.89%
20057.11-23.74%
20049.32-1.66%
20039.4842.03%
20026.67-100%
2001< -1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.6-8.84%๐Ÿ‡บ๐Ÿ‡ธ USA
16.0 25.93%๐Ÿ‡บ๐Ÿ‡ธ USA
9.76-23.40%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 0.17%๐Ÿ‡บ๐Ÿ‡ธ USA
7.70-39.59%๐Ÿ‡บ๐Ÿ‡ธ USA
9.21-27.67%๐Ÿ‡บ๐Ÿ‡ธ USA
8.98-29.48%๐Ÿ‡บ๐Ÿ‡ธ USA
6.97-45.30%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.