As of Jul 26, 2024, the LEN stock has a PE ratio of 12.04. The calculation is based on the latest EPS of $14.68 and the stock price of $176.71 per share. An increase of 20% has been observed in the PE ratio compared to its average of 10.1 of the last four quarters.
The mean historical PE ratio of Lennar over the last ten years is 10.64. The current 12.04 P/E ratio is 13% higher than the historical average. Looking back at the last ten years, LEN's PE ratio peaked in the Nov 2017 quarter at 18.57, with a price of $62.78 and an EPS of $3.38. The Aug 2022 quarter marked the lowest point at 5.11, with a price of $77.45 and an EPS of $15.15.
Maximum annual increase: 76.86% in 2017
Maximum annual decrease: -57.84% in 2018
Year | PE ratio | Change |
---|---|---|
2023 | 9.32 | 67.03% |
2022 | 5.58 | -24.18% |
2021 | 7.36 | -23.57% |
2020 | 9.63 | -7.05% |
2019 | 10.36 | 32.31% |
2018 | 7.83 | -57.84% |
2017 | 18.57 | 76.86% |
2016 | 10.5 | -22.51% |
2015 | 13.55 | -10.5% |
2014 | 15.14 | 4.99% |
The current PE ratio of LEN is higher than the 3, 5 and 10-year averages.
LEN's PE ratio stands lower than its peer stock NVR, but it is higher than DHI's and PHM's. Lennar is currently trading at a higher PE ratio (12.04) than its peers average of 10.68.
Stock name | PE ratio | Market cap |
---|---|---|
HOV Hovnanian Enterprises Inc | 6.76 | $1.29B |
MHO M/I Homes Inc | 9.23 | $4.59B |
TOL Toll Brothers Inc | 9.45 | $14.31B |
PHM Pultegroup Inc | 9.84 | $26.98B |
KBH Kb Home | 10.75 | $6.3B |
DHI Horton D R Inc | 11.82 | $57.69B |
LEN Lennar Corp | 12.04 | $48.53B |
NVR Nvr Inc | 16.9 | $26.94B |
LEN's price to earnings ratio is 12.04 as of Jul 26, 2024.
As an average over the last 3 years, LEN stock has a PE ratio of 7.68.
As an average over the last 5 years, LEN stock has a PE ratio of 8.36.
Over the last ten years, the Nov 2017 quarter recorded the highest quarterly PE ratio at 18.57.
LEN's current price to earnings ratio is 13% above its 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Lennar's share price is $176.71. The company's earnings per share for the trailing twelve months (TTM) ending May 2024 is $14.68. Therefore, Lennar's PE ratio for today is 12.04. PE RATIO(12.04) = STOCK PRICE($176.71) / TTM EPS($14.68)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.