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 |
|---|---|---|
| 2021 | 4.56 | -13.85% |
| 2020 | 5.29 | -38.55% |
| 2019 | 8.61 | 56.48% |
| 2018 | 5.50 | -58.89% |
| 2017 | 13.4 | 11.1% |
| 2016 | 12.0 | 4.43% |
| 2015 | 11.5 | -5.53% |
| 2014 | 12.2 | 187.44% |
| 2013 | 4.25 | -89.42% |
| 2012 | 40.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 6.14 | 69.46% | 🇺🇸 USA |
 Lennar LEN | 6.63 | 82.75% | 🇺🇸 USA |
 NVR NVR | 11.2 | 207.78% | 🇺🇸 USA |
 PulteGroup PHM | 5.91 | 62.98% | 🇺🇸 USA |
 MDC Holdings
MDC | 4.27 | 17.80% | 🇺🇸 USA |
 Taylor Morrison
TMHC | 4.07 | 12.37% | 🇺🇸 USA |
 Meritage Homes MTH | 4.18 | 15.17% | 🇺🇸 USA |
 KB Home
KBH | 4.40 | 21.43% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 2.01 | -44.49% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 2.28 | -37.01% | 🇺🇸 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.