LEN Lennar PE ratio, current and historical analysis
As of Dec 20, 2024, the LEN stock has a PE ratio of 9.16. The calculation is based on the latest EPS of $15.07 and the stock price of $138.08 per share. A decrease of 16% has been observed in the PE ratio compared to its average of 10.9 of the last four quarters.
LEN PE ratio history
The mean historical PE ratio of Lennar over the last ten years is 10.47. The current 9.16 P/E ratio is 13% lower 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.
Lennar PE ratio by year
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% |
LEN average PE ratio chart
The current PE ratio of LEN is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
LEN PE vs peers
LEN's PE ratio stands lower than its peer stocks DHI and NVR, but it is higher than PHM's and TOL's. Lennar is currently trading at a higher PE ratio (9.16) than its peers average of 8.76.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 3.92 | $816.52M |
| MHO M/I Homes Inc | 6.97 | $3.64B |
| PHM Pultegroup Inc | 8.08 | $22.67B |
| KBH Kb Home | 8.2 | $4.83B |
| TOL Toll Brothers Inc | 8.57 | $12.67B |
| LEN Lennar Corp | 9.16 | $37.45B |
| DHI Horton D R Inc | 9.67 | $44.84B |
| NVR Nvr Inc | 15.92 | $25.36B |
Frequently asked questions
What is Lennar's PE ratio?
LEN's price to earnings ratio is 9.16 as of Dec 20, 2024.
What is the 3-year average PE ratio for Lennar (LEN)?
As an average over the last 3 years, LEN stock has a PE ratio of 8.07.
What is the 5-year average PE ratio for Lennar (LEN)?
As an average over the last 5 years, LEN stock has a PE ratio of 8.45.
What is the highest PE ratio for LEN?
Over the last ten years, the Nov 2017 quarter recorded the highest quarterly PE ratio at 18.57.
How does the current PE ratio for LEN compare to its historical average?
LEN's current price to earnings ratio is 13% below its 10-year historical average.
Why is Lennar's PE ratio so low?
LEN's PE ratio of 9.16 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is LEN's PE ratio calculated (Lennar PE ratio formula)?
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Dec 20, 2024), Lennar's share price is $138.08. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2024 is $15.07. Therefore, Lennar's PE ratio for today is 9.16. PE RATIO(9.16) = STOCK PRICE($138.08) / TTM EPS($15.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.