LEN Lennar PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: LEN
- PE Ratio
As of Nov 5, 2025, the LEN stock has a PE ratio of 11.99. The calculation is based on the latest EPS of $10.11 and the stock price of $121.18 per share. An increase of 12% has been observed in the PE ratio compared to its average of 10.7 of the last four quarters.
LEN PE ratio history
The mean historical PE ratio of Lennar over the last ten years is 10.22. The current 11.99 P/E ratio is 17% 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 29.78 | N/A | $15.19 | $0.51 |
Lennar PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| May 2022 | 5.49 | -21.91% | $80.25 | $14.63 |
| Feb 2022 | 7.03 | -4.48% | $89.88 | $12.79 |
LEN Price vs fair value
LEN average PE ratio chart
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 11.99, LEN ranks higher than its peers average but lower than the Consumer Cyclical sector and the industry average. In comparison with the Consumer Cyclical sector average of 19.04, Lennar's price to earnings (P/E) is 37% lower.
LEN PE vs 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 (11.99) than its peers average of 9.42.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 5.46 | $714.72M |
| MHO M/I Homes Inc | 7.28 | $3.32B |
| KBH Kb Home | 8.35 | $3.93B |
| PHM Pultegroup Inc | 9.13 | $23.27B |
| TOL Toll Brothers Inc | 9.67 | $12.77B |
| DHI Horton D R Inc | 11.61 | $43.37B |
| LEN Lennar Corp | 11.92 | $30.74B |
| NVR Nvr Inc | 14.25 | $20.62B |
Frequently asked questions
What is Lennar's PE ratio?
LEN's price to earnings ratio is 11.99 as of Nov 5, 2025.
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 9.5.
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 8.72.
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 17% 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 (Nov 5, 2025), Lennar's share price is $121.18. The company's earnings per share for the trailing twelve months (TTM) ending Aug 2025 is $10.11. Therefore, Lennar's PE ratio for today is 11.99. PE RATIO(11.99) = STOCK PRICE($121.18) / TTM EPS($10.11)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.