HOV Hovnanian Enterprises PE ratio, current and historical analysis
As of Oct 21, 2024, the Hovnanian Enterprises stock's PE ratio is 5.47. This takes into account the latest EPS of $34.63 and stock price of $189.31. The PE ratio has increased by 16% from its last 4 quarters average of 4.7.
HOV PE ratio history
The PE ratio of Hovnanian Enterprises has averaged 7.12 over the last ten years. The current price-to-earnings ratio of 5.47 is 23% less than the historical average. Analyzing the last ten years, HOV's PE ratio reached its highest point in the Oct 2018 quarter at 50, when the price was $36.5 and the EPS was $0.73. The lowest point was recorded in the Oct 2021 quarter, when it reached 0.96 with a price of $84.26 and an EPS of $87.5.
Hovnanian Enterprises PE ratio by year
Maximum annual increase: 81.95% in 2023
Maximum annual decrease: -92.04% in 2014
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 2.42 | 81.95% |
| 2022 | 1.33 | 38.54% |
| 2021 | 0.96 | -77.41% |
| 2020 | 4.25 | N/A |
| 2019 | N/A | N/A |
| 2018 | 50 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 1.83 | -92.04% |
HOV average PE ratio chart
HOV's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.
HOV PE vs peers
HOV's PE ratio is below its peer stocks DHI and LEN. Hovnanian Enterprises is currently trading at a lower PE ratio (5.47) than its peers average of 13.96.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 5.25 | $1.1B |
| KBH Kb Home | 9.8 | $5.77B |
| TOL Toll Brothers Inc | 10.11 | $14.94B |
| PHM Pultegroup Inc | 10.26 | $28.13B |
| LEN Lennar Corp | 11.58 | $47.33B |
| DHI Horton D R Inc | 12.03 | $58.71B |
| CHCI Comstock Holding Companies Inc | 12.65 | $109.76M |
| NVR Nvr Inc | 18.19 | $28.73B |
| CVCO Cavco Industries Inc | 23.94 | $3.43B |
Frequently asked questions
What is Hovnanian Enterprises's PE ratio?
The price to earnings ratio for HOV stock as of Oct 21, 2024, stands at 5.47.
What is the 3-year average PE ratio for Hovnanian Enterprises (HOV)?
As an average over the last 3 years, HOV stock has a PE ratio of 2.91.
What is the 5-year average PE ratio for Hovnanian Enterprises (HOV)?
As an average over the last 5 years, HOV stock has a PE ratio of 3.96.
What is the highest PE ratio for HOV?
Over the last ten years, the Oct 2018 quarter recorded the highest quarterly PE ratio at 50.
How does the current PE ratio for HOV compare to its historical average?
HOV's price to earnings ratio is currently 23% below its 10-year historical average.
Why is Hovnanian Enterprises's PE ratio so low?
HOV's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 5.47 is considered low.
How is HOV's PE ratio calculated (Hovnanian Enterprises PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Oct 21, 2024), Hovnanian Enterprises's share price is $189.31. The company's earnings per share for the trailing twelve months (TTM) ending Jul 2024 is $34.63. Therefore, Hovnanian Enterprises's price to earnings ratio for today is 5.47. PE RATIO(5.47) = STOCK PRICE($189.31) / TTM EPS($34.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.