The PE ratio for Horton D R stock stands at 9.83 as of Apr 26, 2024. This results from the current EPS of $14.78 and stock price of $145.33. An increase of 2.7% has been seen in the P/E ratio compared to the average of 9.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Horton D R has been 11.07. The current 9.83 PE ratio is 11% below the historical average. Over the past ten years, DHI's PE ratio was at its highest in the Dec 2017 quarter at 18.85, with a price of $51.07 and an EPS of $2.71. The Sep 2022 quarter recorded the bottom point at 4.05, with a price of $67.35 and an EPS of $16.65.
Maximum annual increase: 90.62% in 2023
Maximum annual decrease: -44.21% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 7.72 | 90.62% |
| 2022 | 4.05 | -44.21% |
| 2021 | 7.26 | -37.68% |
| 2020 | 11.65 | -4.12% |
| 2019 | 12.15 | 11.78% |
| 2018 | 10.87 | -24.62% |
| 2017 | 14.42 | 14.08% |
| 2016 | 12.64 | -11.73% |
| 2015 | 14.32 | 9.56% |
| 2014 | 13.07 | -3.11% |
The current PE ratio of DHI is above the 3 and 5-year historical averages, but it is below the 10-year average.
Compared to its peers LEN and NVR, DHI's PE ratio stands lower, however it is higher than PHM's and TOL's. Horton D R's PE ratio is trading above the peer group average of 9.11.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 5.09 | $914.41M |
| MHO M/I Homes Inc | 6.69 | $3.33B |
| MTH Meritage Homes CORP | 7.81 | $6.16B |
| KBH Kb Home | 8.65 | $4.98B |
| PHM Pultegroup Inc | 9.05 | $23.94B |
| TOL Toll Brothers Inc | 9.22 | $12.52B |
| DHI Horton D R Inc | 9.83 | $47.86B |
| LEN Lennar Corp | 10.83 | $42.95B |
| NVR Nvr Inc | 15.56 | $24.36B |
DHI stock has a price to earnings ratio of 9.83 as of Apr 26, 2024.
Over the last 3 years, the average price to earnings ratio for DHI stock is 7.39.
Over the last 5 years, the average price to earnings ratio for DHI stock is 8.49.
The highest quarterly PE ratio in the last ten years has been 18.85 and it was in the Dec 2017 quarter.
DHI's price to earnings ratio is currently 11% below its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Apr 26, 2024), Horton D R's stock price is $145.33. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $14.78. Therefore, Horton D R's P/E ratio for today is 9.83. PE RATIO(9.83) = STOCK PRICE($145.33) / TTM EPS($14.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.