P/E ratio for Meritage Homes (MTH)
P/E ratio as of April 2023 (TTM): 4.31
According to Meritage Homes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.3125. At the end of 2021 the company had a P/E ratio of 6.22.
P/E ratio history for Meritage Homes from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.22 | -15.57% |
| 2020 | 7.37 | -21.39% |
| 2019 | 9.37 | 44.73% |
| 2018 | 6.48 | -54.97% |
| 2017 | 14.4 | 54.57% |
| 2016 | 9.30 | -11.3% |
| 2015 | 10.5 | 6.39% |
| 2014 | 9.86 | -29.32% |
| 2013 | 14.0 | 10.19% |
| 2012 | 12.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 6.00 | 39.16% | 🇺🇸 USA |
 NVR NVR | 10.6 | 145.91% | 🇺🇸 USA |
 LGI Homes
LGIH | 8.21 | 90.40% | 🇺🇸 USA |
 MDC Holdings
MDC | 4.92 | 14.19% | 🇺🇸 USA |
 M/I Homes
MHO | 3.57 | -17.18% | 🇺🇸 USA |
 New Home Company NWHM | N/A | N/A | 🇺🇸 USA |
 KB Home
KBH | 4.28 | -0.74% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 2.31 | -46.53% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 2.29 | -46.87% | 🇺🇸 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.