The price-to-earnings ratio for M/I Homes stock stands at 4.9 as of Sep 28, 2023. This results from the current EPS of $17.48 and stock price of $85.67. An increase of 48% has been recorded in the PE ratio compared to the average of 3.3 of the last four quarters.
Over the last ten years, the average PE ratio of M/I Homes has been 7.62. The current 4.9 P/E ratio is 36% lower than the historical average. In the past ten years, MHO's PE ratio peaked in the Jun 2015 quarter at 14.18, with a price of $24.67 and an EPS of $1.74. The Sep 2022 quarter marked the lowest point at 2.16, with a price of $36.23 and an EPS of $16.79.
Maximum annual increase: 192.81% in 2014
Maximum annual decrease: -89.3% in 2013
| Year | PE ratio | Change |
|---|---|---|
| 2022 | 2.62 | -42.54% |
| 2021 | 4.56 | -13.8% |
| 2020 | 5.29 | -38.42% |
| 2019 | 8.59 | 55.62% |
| 2018 | 5.52 | -58.78% |
| 2017 | 13.39 | 11.68% |
| 2016 | 11.99 | 4.44% |
| 2015 | 11.48 | -5.98% |
| 2014 | 12.21 | 192.81% |
| 2013 | 4.17 | -89.3% |
The current PE ratio of MHO is higher than its 3-year historical average, but it is lower than the 5 and 10-year averages.
MHO's PE ratio stands lower than its peer stocks DHI and LEN, but it is higher than TMHC's and BZH's. M/I Homes is presently trading at a lower PE ratio (4.9) than its peer group average of 6.53.
| Stock name | PE ratio | Market cap |
|---|---|---|
| BZH Beazer Homes Usa Inc | 4.02 | $786.61M |
| HOV Hovnanian Enterprises Inc | 4.38 | $619.5M |
| TMHC Taylor Morrison Home Corp | 4.67 | $4.7B |
| MHO M/I Homes Inc | 4.83 | $2.35B |
| KBH Kb Home | 5.2 | $3.75B |
| MTH Meritage Homes CORP | 5.34 | $4.52B |
| PHM Pultegroup Inc | 6.15 | $16.33B |
| MDC Mdc Holdings Inc | 7.53 | $3.09B |
| DHI Horton D R Inc | 7.62 | $36.52B |
| LEN Lennar Corp | 7.71 | $32.5B |
| NVR Nvr Inc | 12.13 | $19.71B |
The price to earnings ratio for MHO stock as of Sep 28, 2023, stands at 4.9.
The 3-year average price to earnings ratio for MHO stock is 4.23.
The 5-year average price to earnings ratio for MHO stock is 5.23.
The highest quarterly PE ratio in the last ten years has been 14.18 and it was in the Jun 2015 quarter.
MHO's price to earnings ratio is currently 36% below its 10-year historical average.
MHO's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
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 (Sep 28, 2023), M/I Homes's stock price is $85.67. The earnings per share for the trailing twelve months (TTM) ending Jun 2023 is $17.48. Therefore, M/I Homes's PE ratio for today is 4.9. PE RATIO(4.9) = STOCK PRICE($85.67) / TTM EPS($17.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.