M/I Homes
MHO
#2870
Rank
โ‚ฌ4.19 B
Marketcap
153,03ย โ‚ฌ
Share price
-1.53%
Change (1 day)
85.74%
Change (1 year)

P/E ratio for M/I Homes (MHO)

P/E ratio as of September 2024 (TTM): 9.71

According to M/I Homes 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.70977. At the end of 2022 the company had a P/E ratio of 2.62.

P/E ratio history for M/I Homes from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.62-42.51%
20214.56-13.85%
20205.29-38.55%
20198.6156.48%
20185.50-58.89%
201713.411.1%
201612.04.43%
201511.5-5.53%
201412.2187.44%
20134.25-89.42%
201240.2-861.21%
2011-5.27-51.3%
2010-10.8279.99%
2009-2.85382.99%
2008-0.5901-45.54%
2007-1.08-107.89%
200613.7138.43%
20055.76-32.15%
20048.4923.08%
20036.909.45%
20026.30-17.52%
20017.64

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.8 31.57%๐Ÿ‡บ๐Ÿ‡ธ USA
11.2 15.05%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6 40.50%๐Ÿ‡บ๐Ÿ‡ธ USA
8.88-8.54%๐Ÿ‡บ๐Ÿ‡ธ USA
11.6 19.25%๐Ÿ‡บ๐Ÿ‡ธ USA
5.44-43.94%๐Ÿ‡บ๐Ÿ‡ธ USA
18.9 94.37%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42-2.97%๐Ÿ‡บ๐Ÿ‡ธ USA
9.83 1.20%๐Ÿ‡บ๐Ÿ‡ธ USA
13.6 40.50%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.