Meritage Homes Corporation
MTH
Rank in Stocks
#4198
Meritage Homes Corporation, alongside its associated companies, focuses on the... Meritage Homes Corporation, alongside its associated companies, focuses on the design and construction of single-family residences throughout the United States. The enterprise operates primarily through two distinct divisions: home construction and financial services. Its core business involves acquiring and developing land, followed by the building, marketing, and selling of homes, predominantly targeting first-time buyers and those seeking their initial upgrade. Furthermore, the company provides its homebuyers with crucial services such as title insurance and support for closing and settlement processes. Meritage Homes constructs and sells properties under its own brand name across a wide geographic footprint, including Texas, Arizona, California, Colorado, Florida, North Carolina, South Carolina, Georgia, and Tennessee. The company was established in 1985 and has its corporate headquarters situated in Scottsdale, Arizona.
Share Price
$58.27
Market Cap
$3.80B
Change (1 day)
-1.58%
Change (1 year)
-16.92%
Country
US
Trade Meritage Homes Corporation (MTH)
Category
Consumer Cyclical
P/E ratio for Meritage Homes Corporation (MTH)
P/E ratio as of October 2026 TTM: 12.09
According to Meritage Homes Corporation latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.09. At the end of 2024 the company had a P/E ratio of 7.09.
P/E ratio history for Meritage Homes Corporation from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.09 | 17.45% |
| 2025 | 10.29 | 45.08% |
| 2024 | 7.09 | -17.89% |
| 2023 | 8.63 | 153.24% |
| 2022 | 3.41 | -45.22% |
| 2021 | 6.23 | -15.61% |
| 2020 | 7.38 | -20.91% |
| 2019 | 9.33 | 43.98% |
| 2018 | 6.48 | -55.01% |
| 2017 | 14.40 | 54.78% |
| 2016 | 9.30 | -11.03% |
| 2015 | 10.46 | 5.89% |
| 2014 | 9.87 | -29.08% |
| 2013 | 13.92 | 15.08% |
| 2012 | 12.10 | -133.99% |
| 2011 | -35.59 | -135.76% |
| 2010 | 99.54 | -1,192.20% |
| 2009 | -9.11 | 644.79% |
| 2008 | -1.22 | -7.55% |
| 2007 | -1.32 | -123.64% |
| 2006 | 5.60 | -15.64% |
| 2005 | 6.64 | -37.20% |
| 2004 | 10.57 | 15.41% |
| 2003 | 9.16 | 53.58% |
| 2002 | 5.96 | 11.20% |
| 2001 | 5.36 | -0.43% |
| 2000 | 5.39 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 12.69 | 5.01% |
US
|
|
| 11.12 | -7.95% |
US
|
|
| - | - |
US
|
|
| 14.11 | 16.74% |
US
|
|
| - | - |
JP
|
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.