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HOV Hovnanian Enterprises PE ratio, current and historical analysis

As of Jul 23, 2024, the Hovnanian Enterprises stock's PE ratio is 6.16. This takes into account the latest EPS of $31.94 and stock price of $196.79. The PE ratio has increased by 42% from its last 4 quarters average of 4.3.

HOV PE ratio history

How has HOV's PE ratio performed in the past

The PE ratio of Hovnanian Enterprises has averaged 8.13 over the last ten years. The current price-to-earnings ratio of 6.16 is 24% 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.

Average
8.13
Median
2.81
Minimum
0.96
Maximum
50

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

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

HOV's current PE ratio is higher than the 3 and 5-year averages, but it is under its 10-year average.

3-year avg
2.51
5-year avg
3.96
10-year avg
8.13
15-year avg
15.21

HOV PE vs peers

What is HOV's PE ratio compared to its peers

HOV's PE ratio is below its peer stocks DHI and LEN. Hovnanian Enterprises is currently trading at a lower PE ratio (6.16) than its peers average of 12.49.

Stock name PE ratio Market cap
HOV Hovnanian Enterprises Inc 6.16 $1.18B
CHCI Comstock Holding Companies Inc 7.73 $63.08M
TOL Toll Brothers Inc 9.16 $13.88B
PHM Pultegroup Inc 9.51 $26.08B
KBH Kb Home 10.48 $6.14B
LEN Lennar Corp 11.76 $47.41B
DHI Horton D R Inc 11.79 $57.57B
NVR Nvr Inc 16.9 $26.94B
CVCO Cavco Industries Inc 21.88 $3.36B

Frequently asked questions

What is Hovnanian Enterprises's PE ratio?

The price to earnings ratio for HOV stock as of Jul 23, 2024, stands at 6.16.

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 2.51.

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 24% 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 6.16 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 (Jul 23, 2024), Hovnanian Enterprises's share price is $196.79. The company's earnings per share for the trailing twelve months (TTM) ending Apr 2024 is $31.94. Therefore, Hovnanian Enterprises's price to earnings ratio for today is 6.16. PE RATIO(6.16) = STOCK PRICE($196.79) / TTM EPS($31.94)

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