PulteGroup
PHM
#812
Rank
$23.46 B
Marketcap
$111.57
Share price
0.80%
Change (1 day)
46.71%
Change (1 year)

P/E ratio for PulteGroup (PHM)

P/E ratio as of June 2024 (TTM): 8.87

According to PulteGroup's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.86893. At the end of 2022 the company had a P/E ratio of 4.09.

P/E ratio history for PulteGroup from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.09-46.44%
20217.63-7.97%
20208.29-21.57%
201910.644.81%
20187.30-67.94%
201722.8120.55%
201610.3-19.46%
201512.8-25.33%
201417.2473.11%
20133.00-91.09%
201233.6-393.13%
2011-11.5338.72%
2010-2.62-1.41%
2009-2.6541.24%
2008-1.8859.11%
2007-1.18-109.73%
200612.180.01%
20056.74-17.39%
20048.16-10.68%
20039.1343.29%
20026.37-13.38%
20017.36

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
9.92 11.81%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8 44.04%๐Ÿ‡บ๐Ÿ‡ธ USA
8.22-7.36%๐Ÿ‡บ๐Ÿ‡ธ USA
8.77-1.08%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.