P/E ratio for LGI Homes (LGIH)
P/E ratio as of June 2023 (TTM): 10.4
According to LGI Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.37. At the end of 2021 the company had a P/E ratio of 8.85.
P/E ratio history for LGI Homes from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 7.50 | -27.71% | 🇺🇸 USA |
 NVR NVR | 11.3 | 8.88% | 🇺🇸 USA |
 PulteGroup PHM | 5.96 | -42.57% | 🇺🇸 USA |
 MDC Holdings
MDC | 6.17 | -40.46% | 🇺🇸 USA |
 New Home Company NWHM | N/A | N/A | 🇺🇸 USA |
 KB Home
KBH | 4.88 | -52.93% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 2.99 | -71.14% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 3.12 | -69.95% | 🇺🇸 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.