Back to MHO overview

MHO M/I Homes PE ratio, current and historical analysis

The price-to-earnings ratio for M/I Homes stock stands at 7.58 as of Jul 12, 2024. This results from the current EPS of $17.94 and stock price of $136.06. An increase of 19% has been recorded in the PE ratio compared to the average of 6.4 of the last four quarters.

MHO PE ratio history

How has MHO's PE ratio performed in the past

Over the last ten years, the average PE ratio of M/I Homes has been 7.96. The current 7.58 P/E ratio is 4.8% 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.

Average
7.96
Median
7.6
Minimum
2.16
Maximum
14.18

M/I Homes PE ratio by year

Maximum annual increase: 213.74% in 2023

Maximum annual decrease: -58.78% in 2018

Year PE ratio Change
2023 8.22 213.74%
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%

MHO average PE ratio chart

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

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.

3-year avg
4.44
5-year avg
5.15
10-year avg
7.96
15-year avg
10.3

MHO PE vs peers

What is MHO's PE ratio compared to its peers

MHO's PE ratio stands lower than its peer stocks DHI and LEN, but it is higher than BZH's and HOV's. M/I Homes is presently trading at a lower PE ratio (7.58) than its peer group average of 9.3.

Stock name PE ratio Market cap
HOV Hovnanian Enterprises Inc 5.18 $990.56M
BZH Beazer Homes Usa Inc 5.94 $984.91M
MHO M/I Homes Inc 7.66 $3.82B
MTH Meritage Homes CORP 8.22 $6.48B
TMHC Taylor Morrison Home Corp 8.62 $6.49B
PHM Pultegroup Inc 9.24 $24.46B
KBH Kb Home 9.84 $5.77B
DHI Horton D R Inc 10.3 $50.11B
LEN Lennar Corp 10.84 $43.71B
NVR Nvr Inc 15.82 $25.22B

Frequently asked questions

What is M/I Homes's PE ratio?

The price to earnings ratio for MHO stock as of Jul 12, 2024, stands at 7.58.

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 4.44.

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 5.15.

What is the highest PE ratio for MHO?

The highest quarterly PE ratio in the last ten years has been 14.18 and it was in the Jun 2015 quarter.

How does the current PE ratio for MHO compare to its historical average?

MHO's price to earnings ratio is currently 4.8% 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 (Jul 12, 2024), M/I Homes's stock price is $136.06. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $17.94. Therefore, M/I Homes's PE ratio for today is 7.58. PE RATIO(7.58) = STOCK PRICE($136.06) / TTM EPS($17.94)

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