Tri Pointe Homes
TPH
#3110
Rank
C$5.57 B
Marketcap
$59.58
Share price
1.55%
Change (1 day)
48.36%
Change (1 year)

P/E ratio for Tri Pointe Homes (TPH)

P/E ratio as of November 2024 (TTM): 10.3

According to Tri Pointe Homes's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.3172. At the end of 2022 the company had a P/E ratio of 3.30.

P/E ratio history for Tri Pointe Homes from 2013 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.30-51.22%
20216.77-13.27%
20207.81-25.83%
201910.576.19%
20185.97-59%
201714.654.83%
20169.41-5.68%
20159.98-62.06%
201426.3-34.04%
201339.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.5 11.85%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
17.8 72.81%๐Ÿ‡บ๐Ÿ‡ธ USA
8.82-14.51%๐Ÿ‡บ๐Ÿ‡ธ USA
10.0-2.80%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7 32.66%๐Ÿ‡บ๐Ÿ‡ธ USA
9.03-12.46%๐Ÿ‡บ๐Ÿ‡ธ USA
12.6 21.72%๐Ÿ‡บ๐Ÿ‡ธ 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.