M/I Homes
MHO
#4061
Rank
$1.67 B
Marketcap
$60.91
Share price
1.86%
Change (1 day)
15.40%
Change (1 year)

P/E ratio for M/I Homes (MHO)

P/E ratio as of February 2023 (TTM): 3.63

According to M/I Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.6256. At the end of 2021 the company had a P/E ratio of 4.56.

P/E ratio history for M/I Homes from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20214.56-13.85%
20205.29-38.55%
20198.6156.48%
20185.50-58.89%
201713.411.1%
201612.04.43%
201511.5-5.53%
201412.2187.44%
20134.25-89.42%
201240.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.14 69.46%๐Ÿ‡บ๐Ÿ‡ธ USA
6.63 82.75%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2 207.78%๐Ÿ‡บ๐Ÿ‡ธ USA
5.91 62.98%๐Ÿ‡บ๐Ÿ‡ธ USA
4.27 17.80%๐Ÿ‡บ๐Ÿ‡ธ USA
4.07 12.37%๐Ÿ‡บ๐Ÿ‡ธ USA
4.18 15.17%๐Ÿ‡บ๐Ÿ‡ธ USA
4.40 21.43%๐Ÿ‡บ๐Ÿ‡ธ USA
2.01-44.49%๐Ÿ‡บ๐Ÿ‡ธ USA
2.28-37.01%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.