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LEN Lennar PE ratio, current and historical analysis

As of Jun 20, 2024, the LEN stock has a PE ratio of 10.49. The calculation is based on the latest EPS of $14.24 and the stock price of $149.31 per share. An increase of 15% has been observed in the PE ratio compared to its average of 9.1 of the last four quarters.

LEN PE ratio history

How has LEN's PE ratio performed in the past

The mean historical PE ratio of Lennar over the last ten years is 10.63. The current 10.49 P/E ratio is similar to 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.

Average
10.63
Median
10.36
Minimum
5.11
Maximum
18.57

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

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

The current PE ratio of LEN is higher than the 3 and 5-year averages, but it is lower than its 10-year average.

3-year avg
7.39
5-year avg
8.22
10-year avg
10.63
15-year avg
14.08

LEN PE vs peers

What is LEN's PE ratio compared to its peers

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 (10.49) than its peers average of 8.75.

Stock name PE ratio Market cap
HOV Hovnanian Enterprises Inc 4.45 $851.29M
MHO M/I Homes Inc 6.71 $3.34B
TOL Toll Brothers Inc 7.93 $12.02B
PHM Pultegroup Inc 8.87 $23.47B
KBH Kb Home 9.31 $5.36B
DHI Horton D R Inc 9.63 $46.89B
LEN Lennar Corp 10.64 $42.18B
NVR Nvr Inc 14.99 $23.89B

Frequently asked questions

What is Lennar's PE ratio?

LEN's price to earnings ratio is 10.49 as of Jun 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 7.39.

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 8.22.

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 1.3% below its 10-year historical average.

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 (Jun 20, 2024), Lennar's share price is $149.31. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2024 is $14.24. Therefore, Lennar's PE ratio for today is 10.49. PE RATIO(10.49) = STOCK PRICE($149.31) / TTM EPS($14.24)

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