FOR Forestar Group PE ratio, current and historical analysis
As at Nov 21, 2024, the FOR stock has a PE ratio of 7.14. This is based on the current EPS of $4.03 and the stock price of $28.77 per share. A decrease of 19% has been seen in the P/E ratio compared to the average of 8.8 of the last 4 quarters.
FOR PE ratio history
The mean historical PE ratio of Forestar Group over the last ten years is 14.04. The current 7.14 PE ratio is 49% 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.
Forestar Group PE ratio by year
Maximum annual increase: 158.65% in 2023
Maximum annual decrease: -62.32% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 8.03 | -0.5% |
| 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% |
FOR average PE ratio chart
FOR's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
FOR PE vs peers
FOR's PE ratio is lower than its peer stocks LPX and RYN.
| Stock name | PE ratio | Market cap |
|---|---|---|
| FOR Forestar Group Inc | 7.23 | $1.48B |
| LPX Louisiana-Pacific Corp | 19.79 | $8.09B |
| RYN Rayonier Inc | 28.93 | $4.61B |
| JOE ST JOE Co | 43.15 | $2.95B |
| STRS Stratus Properties Inc | 180 | $218.33M |
| TRC Tejon Ranch Co | N/A | $421.39M |
Frequently asked questions
What is Forestar Group's PE ratio?
FOR stock has a price to earnings ratio of 7.14 as of Nov 21, 2024.
What is the 3-year average PE ratio for Forestar Group (FOR)?
Over the last 3 years, the average price to earnings ratio for FOR stock is 6.9.
What is the 5-year average PE ratio for Forestar Group (FOR)?
Over the last 5 years, the average price to earnings ratio for FOR stock is 9.41.
What is the highest PE ratio for FOR?
The highest quarterly PE ratio in the last ten years has been 78.07 and it was in the Sep 2016 quarter.
How does the current PE ratio for FOR compare to its historical average?
FOR's current price to earnings ratio is 49% below its 10-year historical average.
Why is Forestar Group's PE ratio so low?
FOR's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is FOR's PE ratio calculated (Forestar Group PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Forestar Group's stock price is $28.77. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.03. Therefore, Forestar Group's P/E ratio for today is 7.14. PE RATIO(7.14) = STOCK PRICE($28.77) / TTM EPS($4.03)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.