MTH Meritage Homes PE ratio, current and historical analysis
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- Consumer Cyclical
- NYSE: MTH
- PE Ratio
The PE ratio for Meritage Homes stock stands at 7.09 as of May 12, 2025. This takes into account the latest EPS of $10 and stock price of $70.85. A decrease of 7% has been observed in the PE ratio compared to its average of 7.6 of the last four quarters.
MTH PE ratio history
Over the last ten years, the average PE ratio of Meritage Homes has been 8.3. The current 7.09 P/E ratio is 15% lower than the historical average. Looking back at the last ten years, MTH's PE ratio peaked in the Jun 2015 quarter at 14.53, with a price of $23.55 and an EPS of $1.62. The Sep 2022 quarter marked the lowest point at 2.68, with a price of $35.14 and an EPS of $13.11.
Meritage Homes PE ratio by year
Maximum annual increase: 153.08% in 2023
Maximum annual decrease: -55.08% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 7.09 | -17.84% | $76.91 | $10.85 |
| 2023 | 8.63 | 153.08% | $87.1 | $10.09 |
| 2022 | 3.41 | -45.18% | $46.1 | $13.52 |
| 2021 | 6.22 | -15.6% | $61.03 | $9.81 |
| 2020 | 7.37 | -20.92% | $41.41 | $5.62 |
| 2019 | 9.32 | 44.27% | $30.56 | $3.28 |
| 2018 | 6.46 | -55.08% | $18.36 | $2.84 |
| 2017 | 14.38 | 54.62% | $25.6 | $1.78 |
| 2016 | 9.3 | -10.83% | $17.4 | $1.87 |
| 2015 | 10.43 | 6.1% | $17 | $1.63 |
| 2014 | 9.83 | -29.13% | $18 | $1.83 |
| 2013 | 13.87 | 15.1% | $24 | $1.73 |
| 2012 | 12.05 | N/A | $18.68 | $1.55 |
| 2011 | N/A | N/A | $11.6 | -$0.33 |
| 2010 | 100.91 | N/A | $11.1 | $0.11 |
Meritage Homes PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 7.09 | 0% | $70.88 | $10 |
| Dec 2024 | 7.09 | -22.6% | $76.91 | $10.85 |
| Sep 2024 | 9.16 | 30.3% | $102.54 | $11.19 |
| Jun 2024 | 7.03 | -13% | $80.93 | $11.51 |
| Mar 2024 | 8.08 | -6.37% | $87.73 | $10.86 |
| Dec 2023 | 8.63 | 54.38% | $87.1 | $10.09 |
| Sep 2023 | 5.59 | -9.55% | $61.2 | $10.95 |
| Jun 2023 | 6.18 | 30.93% | $71.14 | $11.51 |
| Mar 2023 | 4.72 | 38.42% | $58.38 | $12.38 |
| Dec 2022 | 3.41 | 27.24% | $46.1 | $13.52 |
| Sep 2022 | 2.68 | -9.76% | $35.14 | $13.11 |
| Jun 2022 | 2.97 | -17.5% | $36.25 | $12.19 |
| Mar 2022 | 3.6 | -42.12% | $39.62 | $10.99 |
| Dec 2021 | 6.22 | 11.07% | $61.03 | $9.81 |
| Sep 2021 | 5.6 | -11.25% | $48.5 | $8.66 |
MTH Price vs fair value
MTH average PE ratio chart
The current PE ratio of MTH is higher than its 3 and 5-year averages, but it is lower than its 10-year average.
MTH PE vs peers
In comparison to its peers DHI and NVR, MTH's PE ratio is lower, but it is higher than KBH's and MHO's. Meritage Homes is currently trading at a lower PE ratio (7.09) than its peers average of 7.72.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HOV Hovnanian Enterprises Inc | 3.07 | $639.92M |
| MHO M/I Homes Inc | 5.85 | $3.04B |
| KBH Kb Home | 6.67 | $4.03B |
| BZH Beazer Homes Usa Inc | 7 | $662.13M |
| MTH Meritage Homes CORP | 7.09 | $5.09B |
| LGIH LGI Homes Inc | 7.67 | $1.4B |
| DHI Horton D R Inc | 9.5 | $38.75B |
| NVR Nvr Inc | 14.26 | $21.58B |
Frequently asked questions
What is Meritage Homes's PE ratio?
As of May 12, 2025, MTH stock has a price to earnings ratio of 7.09.
What is the 3-year average PE ratio for Meritage Homes (MTH)?
Over the last 3 years, the average price to earnings ratio for MTH stock is 6.05.
What is the 5-year average PE ratio for Meritage Homes (MTH)?
Over the last 5 years, the average price to earnings ratio for MTH stock is 6.43.
What is the highest PE ratio for MTH?
Over the last ten years, the quarterly PE ratio reached its highest level at 14.53 in the Jun 2015 quarter.
How does the current PE ratio for MTH compare to its historical average?
MTH's price to earnings ratio is currently 15% below its 10-year historical average.
Why is Meritage Homes's PE ratio so low?
MTH's PE ratio of 7.09 is considered low because the company's stock price is trading at a lower multiple of earnings.
How is MTH's PE ratio calculated (Meritage 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 (May 12, 2025), Meritage Homes's share price is $70.85. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $10. Therefore, Meritage Homes's PE ratio for today is 7.09. PE RATIO(7.09) = STOCK PRICE($70.85) / TTM EPS($10)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.