P/E ratio for Tri Pointe Homes (TPH)
P/E ratio as of May 2024 (TTM): 9.66
According to Tri Pointe Homes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.66102. At the end of 2022 the company had a P/E ratio of 3.30.
P/E ratio history for Tri Pointe Homes from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.30 | -51.22% |
| 2021 | 6.77 | -13.27% |
| 2020 | 7.81 | -25.83% |
| 2019 | 10.5 | 76.19% |
| 2018 | 5.97 | -59% |
| 2017 | 14.6 | 54.83% |
| 2016 | 9.41 | -5.68% |
| 2015 | 9.98 | -62.06% |
| 2014 | 26.3 | -34.04% |
| 2013 | 39.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 10.7 | 10.28% | 🇺🇸 USA |
 Lennar LEN | 12.2 | 26.66% | 🇺🇸 USA |
 NVR NVR | 15.3 | 57.92% | 🇺🇸 USA |
 LGI Homes
LGIH | 13.6 | 41.10% | 🇺🇸 USA |
 M/I Homes
MHO | 7.21 | -25.40% | 🇺🇸 USA |
 Taylor Morrison
TMHC | 7.49 | -22.43% | 🇺🇸 USA |
 New Home Company NWHM | N/A | N/A | 🇺🇸 USA |
 KB Home
KBH | 9.22 | -4.53% | 🇺🇸 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.