LGI Homes
LGIH
#3962
Rank
$2.16 B
Marketcap
$91.93
Share price
-3.09%
Change (1 day)
-29.59%
Change (1 year)

P/E ratio for LGI Homes (LGIH)

P/E ratio as of June 2024 (TTM): 11.9

According to LGI Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.908. At the end of 2022 the company had a P/E ratio of 6.67.

P/E ratio history for LGI Homes from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.67-24.64%
20218.857.97%
20208.20-11.1%
20199.2240.53%
20186.56-54.16%
201714.379.42%
20167.98-13.08%
20159.18-15.7%
201410.90.73%
201310.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.84-17.39%๐Ÿ‡บ๐Ÿ‡ธ USA
14.9 25.41%๐Ÿ‡บ๐Ÿ‡ธ USA
8.99-24.49%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 7.28%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
8.62-27.58%๐Ÿ‡บ๐Ÿ‡ธ USA
6.42-46.07%๐Ÿ‡บ๐Ÿ‡ธ USA
4.50-62.21%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.