LEN
Lennar
PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: LEN
- PE Ratio
As of Jun 22, 2026, the LEN stock has a PE ratio of 12.58. The calculation is based on the latest EPS of $6.95 and the stock price of $87.44 per share. A decrease of 8% has been observed in the PE ratio compared to its average of 13.7 of the last four quarters.
LEN PE ratio history
The mean historical PE ratio of Lennar over the last ten years is 10.41. The current 12.58 P/E ratio is 21% 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.
Lennar PE ratio by year
Maximum annual increase: 76.86% in 2017
Maximum annual decrease: -71.71% in 2012
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 16.45 | 34.95% | $131.3 | $7.98 |
| 2024 | 12.19 | 30.79% | $174.39 | $14.31 |
| 2023 | 9.32 | 67.03% | $127.92 | $13.73 |
| 2022 | 5.58 | -24.18% | $87.83 | $15.74 |
| 2021 | 7.36 | -23.57% | $105.05 | $14.28 |
| 2020 | 9.63 | -7.05% | $75.86 | $7.88 |
| 2019 | 10.36 | 32.31% | $59.65 | $5.76 |
| 2018 | 7.83 | -57.84% | $42.73 | $5.46 |
| 2017 | 18.57 | 76.86% | $62.78 | $3.38 |
| 2016 | 10.5 | -22.51% | $42.54 | $4.05 |
| 2015 | 13.55 | -10.5% | $51.21 | $3.78 |
| 2014 | 15.14 | 4.99% | $47.24 | $3.12 |
| 2013 | 14.42 | 35.65% | $35.76 | $2.48 |
| 2012 | 10.63 | -71.71% | $38.04 | $3.58 |
| 2011 | 37.57 | 26.16% | $18.41 | $0.49 |
Lennar PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Feb 2026 | 16.45 | 0% | $114.36 | $6.95 |
| Nov 2025 | 16.45 | 24.91% | $131.3 | $7.98 |
| Aug 2025 | 13.17 | 50% | $133.14 | $10.11 |
| May 2025 | 8.78 | 0.69% | $106.08 | $12.08 |
| Feb 2025 | 8.72 | -28.47% | $119.63 | $13.72 |
| Nov 2024 | 12.19 | 0.91% | $174.39 | $14.31 |
| Aug 2024 | 12.08 | 10.62% | $182.06 | $15.07 |
| May 2024 | 10.92 | -1.89% | $160.35 | $14.68 |
| Feb 2024 | 11.13 | 19.42% | $158.51 | $14.24 |
| Nov 2023 | 9.32 | 5.55% | $127.92 | $13.73 |
| Aug 2023 | 8.83 | 20.79% | $119.09 | $13.49 |
| May 2023 | 7.31 | 22.04% | $107.12 | $14.66 |
| Feb 2023 | 5.99 | 7.35% | $96.74 | $16.15 |
| Nov 2022 | 5.58 | 9.2% | $87.83 | $15.74 |
| Aug 2022 | 5.11 | -6.92% | $77.45 | $15.15 |
LEN Price vs fair value
LEN average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of LEN is higher than the 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 12.58, LEN ranks lower than the Consumer Cyclical sector, the industry and its peers average. In comparison with the Consumer Cyclical sector average of 20.67, Lennar's price to earnings (P/E) is 39% lower.
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 lower PE ratio (12.58) than its peers average of 15.14.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KBH Kb Home | 9.97 | $3.3B |
| MHO M/I Homes Inc | 10.92 | $3.8B |
| TOL Toll Brothers Inc | 11.37 | $14.11B |
| PHM Pultegroup Inc | 12.13 | $24.11B |
| LEN Lennar Corp | 12.57 | $21.51B |
| DHI Horton D R Inc | 14.59 | $44.26B |
| NVR Nvr Inc | 14.75 | $17.25B |
| HOV Hovnanian Enterprises Inc | 32.86 | $747.04M |
Frequently asked questions
What is Lennar's PE ratio?
LEN's price to earnings ratio is 12.58 as of Jun 22, 2026.
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 11.64.
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 9.48.
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 21% above 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 22, 2026), Lennar's share price is $87.44. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2026 is $6.95. Therefore, Lennar's PE ratio for today is 12.58. PE RATIO(12.58) = STOCK PRICE($87.44) / TTM EPS($6.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.