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Lennar (Lennar) PS Ratio

: 1.20 (As of Today)
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The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Lennar's share price is $149.53. Lennar's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $124.76. Hence, Lennar's PS Ratio for today is 1.20.

The historical rank and industry rank for Lennar's PS Ratio or its related term are showing as below:

LEN' s PS Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.05   Max: 2.22
Current: 1.23

During the past 13 years, Lennar's highest PS Ratio was 2.22. The lowest was 0.46. And the median was 1.05.

LEN's PS Ratio is ranked worse than
65.71% of 105 companies
in the Homebuilding & Construction industry
Industry Median: 0.79 vs LEN: 1.23

Lennar's Revenue per Sharefor the three months ended in Feb. 2024 was $26.41. Its Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 was $124.76.

Warning Sign:

Lennar Corp revenue growth has slowed down over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Lennar was 5.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 18.50% per year. During the past 5 years, the average Revenue per Share Growth Rate was 14.40% per year. During the past 10 years, the average Revenue per Share Growth Rate was 15.90% per year.

During the past 13 years, Lennar's highest 3-Year average Revenue per Share Growth Rate was 29.80% per year. The lowest was -43.40% per year. And the median was 17.40% per year.

Back to Basics: PS Ratio


Lennar PS Ratio Historical Data

The historical data trend for Lennar's PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PS Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 1.04 1.19 0.76 1.06

Lennar Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
PS Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.82 0.91 1.02 1.06 1.27

Competitive Comparison

For the Residential Construction subindustry, Lennar's PS Ratio, along with its competitors' market caps and PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lennar PS Ratio Distribution

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's PS Ratio distribution charts can be found below:

* The bar in red indicates where Lennar's PS Ratio falls into.



Lennar PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Lennar's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=149.53/124.758
=1.20

Lennar's Share Price of today is $149.53.
Lennar's Revenue per Share for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $124.76.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Lennar  (NYSE:LEN) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Lennar PS Ratio Related Terms

Thank you for viewing the detailed overview of Lennar's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Lennar (Lennar) Business Description

Address
5505 Blue Lagoon Drive, Miami, FL, USA, 33126
Based on the number of delivered homes, Lennar is the second-largest public homebuilder in the United States, behind D.R. Horton. The company's homebuilding operations target first-time, move-up, and active adult homebuyers mainly under the Lennar brand name. Lennar's financial-services segment provides mortgage financing and related services to its homebuyers. Miami-based Lennar is also involved in multifamily construction and has invested in numerous housing-related technology startups.
Executives
Amy Banse director 345 PARK AVENUE, SAN JOSE CA 95110
Dacona Smith director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jeffrey Joseph Mccall officer: Senior Vice President 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Diane J Bessette officer: Vice President and Controller LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins officer: Controller LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Mark Sustana officer: General Counsel and Secretary LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Jonathan M Jaffe director, officer: Vice President LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell director
Irving Bolotin director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld director 14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084