P/E ratio for MDC Holdings (MDC)
P/E ratio as of May 2023 (TTM): 5.84
According to MDC Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.83913. At the end of 2021 the company had a P/E ratio of 6.86.
P/E ratio history for MDC Holdings from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.86 | -22.88% |
| 2020 | 8.89 | -10.74% |
| 2019 | 9.96 | 22.41% |
| 2018 | 8.14 | |
| 2016 | 13.8 | -35.66% |
| 2015 | 21.4 | -7.12% |
| 2014 | 23.1 | 304.83% |
| 2013 | 5.70 | |
| 2011 | -9.48 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 7.14 | 22.32% | 🇺🇸 USA |
 Lennar LEN | 6.64 | 13.80% | 🇺🇸 USA |
 NVR NVR | 11.1 | 90.42% | 🇺🇸 USA |
 PulteGroup PHM | 5.66 | -3.13% | 🇺🇸 USA |
 M/I Homes
MHO | 4.05 | -30.68% | 🇺🇸 USA |
 Toll Brothers
TOL | 5.85 | 0.19% | 🇺🇸 USA |
 Taylor Morrison
TMHC | 4.54 | -22.16% | 🇺🇸 USA |
 KB Home
KBH | 4.71 | -19.28% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 3.16 | -45.93% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 3.00 | -48.55% | 🇺🇸 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.