Meritage Homes Corporation

Meritage Homes Corporationverified

MTH

Price:

$184.44

Market Cap:

$6.67B

Meritage Homes Corporation, together with its subsidiaries, designs and builds single-family homes in the United States. The company operates through two segments, Homebuilding and Financial Services. It acquires and develops land; and constructs, markets, and sells homes for first-time and first move-up buyers. The company also offers title insurance and closing/settlement services to its homebuyers. It builds and sells homes in Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee under the Meritage Homes brand name. Meritage Homes Corporation was founded in 1985 and is based in Scottsdale, Arizona.[Read more]

Industry

Residential Construction

IPO Date

1988-07-26

Stock Exchange

NYSE

Ticker

MTH

The PE Ratio as of November 2024 (TTM) for Meritage Homes Corporation (MTH) is 8.35

According to Meritage Homes Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 8.35. This represents a change of 4.44% compared to the average of 7.99 of the last 4 quarters.

Meritage Homes Corporation (MTH) Historical PE Ratio (quarterly & annually)

How has MTH PE Ratio performed in the past?

The mean historical PE Ratio of Meritage Homes Corporation over the last ten years is 8.55. The current 8.35 PE Ratio has changed 9.67% with respect to the historical average. Over the past ten years (40 quarters), MTH's PE Ratio was at its highest in in the March 2015 quarter at 29.21. The PE Ratio was at its lowest in in the September 2022 quarter at 2.45.

Quarterly (TTM)
Annual

Average

8.55

Median

8.97

Minimum

3.41

Maximum

14.40

Meritage Homes Corporation (MTH) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Meritage Homes Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 153.24%

Maximum Annual PE Ratio = 14.40

Minimum Annual Increase = -55.01%

Minimum Annual PE Ratio = 3.41

Quarterly (TTM)
Annual
YearPE RatioChange
20238.63153.24%
20223.41-45.22%
20216.23-15.61%
20207.38-20.90%
20199.3343.95%
20186.48-55.01%
201714.4054.78%
20169.30-11.01%
201510.455.89%
20149.87-29.09%

Meritage Homes Corporation (MTH) Average PE Ratio

How has MTH PE Ratio performed in the past?

The current PE Ratio of Meritage Homes Corporation (MTH) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

6.09

5-year avg

6.99

10-year avg

8.55

Meritage Homes Corporation (MTH) PE Ratio vs. Peers

How is MTH’s PE Ratio compared to its peers?

Meritage Homes Corporation’s PE Ratio is less than Tri Pointe Homes, Inc. (8.64), greater than M/I Homes, Inc. (8.29), greater than Beazer Homes USA, Inc. (7.38), less than Century Communities, Inc. (8.62), less than Taylor Morrison Home Corporation (9.10), less than LGI Homes, Inc. (12.60), greater than Hovnanian Enterprises, Inc. (4.80), less than KB Home (9.62),

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