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.
P/E ratio for Meritage Homes Corporation (MTH)
P/E ratio as of 2023: 8.63
According to Meritage Homes Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.63. At the end of 2022 the company had a P/E ratio of 3.41.
P/E ratio history for Meritage Homes Corporation from 1989 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 8.63 |
| 2022 | 3.41 |
| 2021 | 6.23 |
| 2020 | 7.38 |
| 2019 | 9.33 |
| 2018 | 6.48 |
| 2017 | 14.40 |
| 2016 | 9.30 |
| 2015 | 10.45 |
| 2014 | 9.87 |
| 2013 | 13.92 |
| 2012 | 12.10 |
| 2011 | -35.58 |
| 2010 | 99.54 |
| 2009 | -9.12 |
| 2008 | -1.22 |
| 2007 | -1.32 |
| 2006 | 5.60 |
| 2005 | 6.64 |
| 2004 | 10.57 |
| 2003 | 9.16 |
| 2002 | 5.96 |
| 2001 | 5.37 |
| 2000 | 5.38 |
| 1999 | 3.11 |
| 1998 | 2.71 |
| 1997 | 4.18 |
| 1996 | 188.00 |
| 1995 | 40.01 |
| 1994 | -6.48 |
| 1993 | -0.38 |
| 1992 | -1.23 |
| 1991 | 8.79 |
| 1990 | 3.94 |
| 1989 | 4.46 |