P/E ratio for LGI Homes (LGIH)
P/E ratio as of May 2024 (TTM): 13.6
According to LGI Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6321. At the end of 2022 the company had a P/E ratio of 6.67.
P/E ratio history for LGI Homes from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.67 | -24.64% |
| 2021 | 8.85 | 7.97% |
| 2020 | 8.20 | -11.1% |
| 2019 | 9.22 | 40.53% |
| 2018 | 6.56 | -54.16% |
| 2017 | 14.3 | 79.42% |
| 2016 | 7.98 | -13.08% |
| 2015 | 9.18 | -15.7% |
| 2014 | 10.9 | 0.73% |
| 2013 | 10.8 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 10.7 | -21.84% | 🇺🇸 USA |
 NVR NVR | 15.3 | 11.92% | 🇺🇸 USA |
 PulteGroup PHM | 9.60 | -29.58% | 🇺🇸 USA |
 MDC Holdings
MDC | 12.8 | -6.29% | 🇺🇸 USA |
 New Home Company NWHM | N/A | N/A | 🇺🇸 USA |
 KB Home
KBH | 9.22 | -32.34% | 🇺🇸 USA |
 Hovnanian Enterprises
HOV | 7.71 | -43.47% | 🇺🇸 USA |
 Beazer Homes USA
BZH | 4.54 | -66.72% | 🇺🇸 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.