LGI Homes
LGIH
#3852
Rank
$2.52 B
Marketcap
$106.95
Share price
2.50%
Change (1 day)
-20.20%
Change (1 year)

P/E ratio for LGI Homes (LGIH)

P/E ratio as of July 2024 (TTM): 13.9

According to LGI Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.8925. 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
10.5-24.51%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-8.05%๐Ÿ‡บ๐Ÿ‡ธ USA
12.5-10.07%๐Ÿ‡บ๐Ÿ‡ธ USA
17.1 22.80%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6-23.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.38-61.25%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
9.54-31.31%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.