MHO M/I Homes PE ratio, current and historical analysis
- Stocks
- Consumer Cyclical
- NYSE: MHO
- PE Ratio
The price-to-earnings ratio for M/I Homes stock stands at 5.77 as of Jun 30, 2025. This results from the current EPS of $19.43 and stock price of $112.12. A decrease of 17% has been recorded in the PE ratio compared to the average of 6.9 of the last four quarters.
MHO PE ratio history
Over the last ten years, the average PE ratio of M/I Homes has been 7.39. The current 5.77 P/E ratio is 22% lower than the historical average. In the past ten years, MHO's PE ratio peaked in the Dec 2017 quarter at 13.39, with a price of $34.4 and an EPS of $2.57. The Sep 2022 quarter marked the lowest point at 2.16, with a price of $36.23 and an EPS of $16.79.
M/I Homes PE ratio by year
Maximum annual increase: 213.74% in 2023
Maximum annual decrease: -89.3% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 6.55 | -20.32% | $132.95 | $20.29 |
| 2023 | 8.22 | 213.74% | $137.74 | $16.76 |
| 2022 | 2.62 | -42.54% | $46.18 | $17.6 |
| 2021 | 4.56 | -13.8% | $62.18 | $13.64 |
| 2020 | 5.29 | -38.42% | $44.29 | $8.38 |
| 2019 | 8.59 | 55.62% | $39.35 | $4.58 |
| 2018 | 5.52 | -58.78% | $21.02 | $3.81 |
| 2017 | 13.39 | 11.68% | $34.4 | $2.57 |
| 2016 | 11.99 | 4.44% | $25.18 | $2.1 |
| 2015 | 11.48 | -5.98% | $21.92 | $1.91 |
| 2014 | 12.21 | 192.81% | $22.96 | $1.88 |
| 2013 | 4.17 | -89.3% | $25.45 | $6.11 |
| 2012 | 38.97 | N/A | $26.5 | $0.68 |
| 2011 | N/A | N/A | $9.6 | -$1.81 |
| 2010 | N/A | N/A | $15.38 | -$1.42 |
M/I Homes PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 5.88 | -10.23% | $114.18 | $19.43 |
| Dec 2024 | 6.55 | -26.49% | $132.95 | $20.29 |
| Sep 2024 | 8.91 | 38.14% | $171.36 | $19.23 |
| Jun 2024 | 6.45 | -15.13% | $122.14 | $18.95 |
| Mar 2024 | 7.6 | -7.54% | $136.29 | $17.94 |
| Dec 2023 | 8.22 | 73.05% | $137.74 | $16.76 |
| Sep 2023 | 4.75 | -4.81% | $84.04 | $17.7 |
| Jun 2023 | 4.99 | 43.39% | $87.19 | $17.48 |
| Mar 2023 | 3.48 | 32.82% | $63.09 | $18.11 |
| Dec 2022 | 2.62 | 21.3% | $46.18 | $17.6 |
| Sep 2022 | 2.16 | -17.56% | $36.23 | $16.79 |
| Jun 2022 | 2.62 | -17.61% | $39.66 | $15.14 |
| Mar 2022 | 3.18 | -30.26% | $44.35 | $13.94 |
| Dec 2021 | 4.56 | -1.51% | $62.18 | $13.64 |
| Sep 2021 | 4.63 | -5.7% | $57.8 | $12.49 |
MHO Price vs fair value
MHO average PE ratio chart
The current PE ratio of MHO is higher than its 3 and 5-year historical averages, but it is lower than the 10-year average.
MHO PE vs peers
MHO's PE ratio stands lower than its peer stocks DHI and LEN, but it is higher than HOV's. M/I Homes is presently trading at a lower PE ratio (5.77) than its peer group average of 7.78.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 3.41 | $606.2M |
| MHO M/I Homes Inc | 5.77 | $3B |
| KBH Kb Home | 6.3 | $3.8B |
| MTH Meritage Homes CORP | 6.7 | $4.81B |
| TMHC Taylor Morrison Home Corp | 7.01 | $6.16B |
| BZH Beazer Homes Usa Inc | 7.17 | $677.89M |
| PHM Pultegroup Inc | 7.38 | $21.14B |
| LEN Lennar Corp | 8.06 | $29.18B |
| DHI Horton D R Inc | 9.71 | $39.6B |
| NVR Nvr Inc | 14.26 | $21.59B |
Frequently asked questions
What is M/I Homes's PE ratio?
The price to earnings ratio for MHO stock as of Jun 30, 2025, stands at 5.77.
What is the 3-year average PE ratio for M/I Homes (MHO)?
The 3-year average price to earnings ratio for MHO stock is 5.6.
What is the 5-year average PE ratio for M/I Homes (MHO)?
The 5-year average price to earnings ratio for MHO stock is 5.22.
What is the highest PE ratio for MHO?
The highest quarterly PE ratio in the last ten years has been 13.39 and it was in the Dec 2017 quarter.
How does the current PE ratio for MHO compare to its historical average?
MHO's price to earnings ratio is currently 22% below its 10-year historical average.
Why is M/I Homes's PE ratio so low?
MHO's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is MHO's PE ratio calculated (M/I Homes PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Jun 30, 2025), M/I Homes's stock price is $112.12. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $19.43. Therefore, M/I Homes's PE ratio for today is 5.77. PE RATIO(5.77) = STOCK PRICE($112.12) / TTM EPS($19.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.