Meritage Homes
MTH
#2633
Rank
$4.29 B
Marketcap
$116.76
Share price
1.97%
Change (1 day)
45.62%
Change (1 year)

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
20216.22-15.57%
20207.37-21.39%
20199.3744.73%
20186.48-54.97%
201714.454.57%
20169.30-11.3%
201510.56.39%
20149.86-29.32%
201314.010.19%
201212.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.00 39.16%๐Ÿ‡บ๐Ÿ‡ธ USA
10.6 145.91%๐Ÿ‡บ๐Ÿ‡ธ USA
8.21 90.40%๐Ÿ‡บ๐Ÿ‡ธ USA
4.92 14.19%๐Ÿ‡บ๐Ÿ‡ธ USA
3.57-17.18%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
4.28-0.74%๐Ÿ‡บ๐Ÿ‡ธ USA
2.31-46.53%๐Ÿ‡บ๐Ÿ‡ธ USA
2.29-46.87%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.