Back to FOR overview
#
FOR Forestar Group
PE ratio, current and historical analysis

## FOR PE ratio history

### Forestar Group PE ratio by year

## FOR average PE ratio chart

## FOR PE vs peers

## Frequently asked questions

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What is Forestar Group's PE ratio?

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What is the 3-year average PE ratio for Forestar Group (FOR)?

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What is the 5-year average PE ratio for Forestar Group (FOR)?

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What is the highest PE ratio for FOR?

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How does the current PE ratio for FOR compare to its historical average?

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Why is Forestar Group's PE ratio so low?

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How is FOR's PE ratio calculated (Forestar Group PE ratio formula)?

As at Feb 23, 2024, the FOR stock has a PE ratio of 8.91. This is based on the current EPS of $3.69 and the stock price of $32.86 per share. An increase of 17% has been seen in the P/E ratio compared to the average of 7.6 of the last 4 quarters.

How has FOR's PE ratio performed in the past

The mean historical PE ratio of Forestar Group over the last ten years is 14.83. The current 8.91 PE ratio is 40% below the historical average. Over the past ten years, FOR's PE ratio was at its highest in the Sep 2016 quarter at 78.07, with a price of $11.71 and an EPS of $0.15. The Sep 2022 quarter recorded the bottom point at 3.12, with a price of $11.19 and an EPS of $3.59.

Average

14.83

Median

10.54

Minimum

3.12

Maximum

78.07

Maximum annual increase: 158.65% in 2023

Maximum annual decrease: -62.32% in 2022

Year | PE ratio | Change |
---|---|---|

2023 | 8.07 | 158.65% |

2022 | 3.12 | -62.32% |

2021 | 8.28 | -41.07% |

2020 | 14.05 | -39.28% |

2019 | 23.14 | 25.15% |

2017 | 18.49 | 94.63% |

2016 | 9.5 | N/A |

2015 | N/A | N/A |

2014 | 40.53 | 54.34% |

2013 | 26.26 | -43.94% |

What is the average PE ratio of FOR for the past years

FOR's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.

3-year avg

7.44

5-year avg

10.27

10-year avg

14.83

15-year avg

27.51

What is FOR's PE ratio compared to its peers

FOR's PE ratio is lower than its peer stocks LPX and RYN.

Stock name | PE ratio | Market cap |
---|---|---|

FOR Forestar Group Inc | 8.91 | $1.64B |

RYN Rayonier Inc | 28.57 | $4.97B |

LPX Louisiana-Pacific Corp | 28.95 | $5.17B |

JOE ST JOE Co | 41.37 | $3.21B |

TRC Tejon Ranch Co | 110.4 | $442.72M |

AVHI Achari Ventures Holdings Corp I | N/A | $35.9M |

STRS Stratus Properties Inc | N/A | $179.35M |

FOR stock has a price to earnings ratio of 8.91 as of Feb 23, 2024.

Over the last 3 years, the average price to earnings ratio for FOR stock is 7.44.

Over the last 5 years, the average price to earnings ratio for FOR stock is 10.27.

The highest quarterly PE ratio in the last ten years has been 78.07 and it was in the Sep 2016 quarter.

FOR's current price to earnings ratio is 40% below its 10-year historical average.

FOR's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Feb 23, 2024), Forestar Group's stock price is $32.86. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $3.69. Therefore, Forestar Group's P/E ratio for today is 8.91. `PE RATIO(8.91) = STOCK PRICE($32.86) / TTM EPS($3.69)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.