As of Apr 29, 2024, the TPH stock has a PE ratio of 9.99. The calculation is based on the latest EPS of $3.78 and the stock price of $37.78 per share. An increase of 18% has been observed in the PE ratio compared to its average of 8.5 of the last four quarters.
The mean historical PE ratio of Tri Pointe Homes over the last ten years is 9.68. The current 9.99 P/E ratio is 3.2% higher than the historical average. Looking back at the last ten years, TPH's PE ratio peaked in the Dec 2014 quarter at 26.29, with a price of $15.25 and an EPS of $0.58. The Sep 2022 quarter marked the lowest point at 3.02, with a price of $15.11 and an EPS of $5.01.
Maximum annual increase: 206.33% in 2023
Maximum annual decrease: -62.04% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 10.17 | 206.33% |
| 2022 | 3.32 | -50.45% |
| 2021 | 6.7 | -15.3% |
| 2020 | 7.91 | -25.38% |
| 2019 | 10.6 | 76.37% |
| 2018 | 6.01 | -59.42% |
| 2017 | 14.81 | 56.06% |
| 2016 | 9.49 | -4.91% |
| 2015 | 9.98 | -62.04% |
| 2014 | 26.29 | N/A |
The current PE ratio of TPH is higher than the 3, 5 and 10-year averages.
TPH's PE ratio stands lower than its peer stocks LEN and NVR, but it is higher than DHI's and TMHC's. Tri Pointe Homes's current PE ratio of 9.99 is similar to the average of its peers, which is 10.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MHO M/I Homes Inc | 6.76 | $3.36B |
| TMHC Taylor Morrison Home Corp | 8.14 | $6.14B |
| KBH Kb Home | 8.72 | $5.02B |
| DHI Horton D R Inc | 9.88 | $48.07B |
| TPH Tri Pointe Homes Inc | 9.99 | $3.58B |
| LEN Lennar Corp | 10.92 | $43.27B |
| LGIH LGI Homes Inc | 11.33 | $2.26B |
| NVR Nvr Inc | 15.34 | $24.02B |
TPH stock has a price to earnings ratio of 9.99 as of Apr 29, 2024.
The 3-year average price to earnings ratio for TPH stock is 6.01.
The 5-year average price to earnings ratio for TPH stock is 7.02.
Over the last ten years, the quarterly PE ratio reached its highest level at 26.29 in the Dec 2014 quarter.
TPH's current price to earnings ratio is 3.2% above its 10-year historical average.
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Apr 29, 2024), Tri Pointe Homes's share price is $37.78. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.78. Therefore, Tri Pointe Homes's PE ratio for today is 9.99. PE RATIO(9.99) = STOCK PRICE($37.78) / TTM EPS($3.78)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.