P/E ratio for Hovnanian Enterprises (HOV)
P/E ratio as of June 2024 (TTM): 6.34
According to Hovnanian Enterprises 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.33526. At the end of 2022 the company had a P/E ratio of 1.40.
P/E ratio history for Hovnanian Enterprises from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 1.40 | -3.01% |
| 2021 | 1.44 | -67.62% |
| 2020 | 4.45 | -252.12% |
| 2019 | -2.93 | -107.23% |
| 2018 | 40.5 | -2819.72% |
| 2017 | -1.49 | -98.19% |
| 2016 | -82.2 | 399.5% |
| 2015 | -16.5 | -912.77% |
| 2014 | 2.02 | -93.58% |
| 2013 | 31.5 | -320.67% |
| 2012 | -14.3 | 2737.44% |
| 2011 | -0.5035 | -100.62% |
| 2010 | 81.8 | -19591.41% |
| 2009 | -0.4197 | 292.59% |
| 2008 | -0.1069 | -84.93% |
| 2007 | -0.7092 | -104.6% |
| 2006 | 15.4 | 133.12% |
| 2005 | 6.61 | -25.05% |
| 2004 | 8.82 | -14.84% |
| 2003 | 10.4 | 47.34% |
| 2002 | 7.03 | -23.04% |
| 2001 | 9.13 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 D. R. Horton
DHI | 10.3 | 62.07% | 🇺🇸 USA |
 Lennar LEN | 11.6 | 83.61% | 🇺🇸 USA |
 NVR NVR | 14.8 | 133.08% | 🇺🇸 USA |
 PulteGroup PHM | 9.37 | 47.85% | 🇺🇸 USA |
 Cavco Industries CVCO | 13.7 | 116.39% | 🇺🇸 USA |
 MDC Holdings
MDC | 12.8 | 101.65% | 🇺🇸 USA |
 Toll Brothers
TOL | 8.60 | 35.68% | 🇺🇸 USA |
 KB Home
KBH | 8.86 | 39.88% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.