Lennar (Lennar) Price-to-Tangible-Book : 1.71 (As of Apr. 25, 2024)

View and export this data going back to 2003. Start your Free Trial

What is Lennar Price-to-Tangible-Book?

As of today (2024-04-25), Lennar's share price is $141.69. Lennar's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $82.69. Hence, Lennar's Price to Tangible Book Ratio of today is 1.71.

The historical rank and industry rank for Lennar's Price-to-Tangible-Book or its related term are showing as below:

LEN.B' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.17 Med: 1.66 Max: 2.1
Current: 1.86

During the past 13 years, Lennar's highest Price to Tangible Book Ratio was 2.10. The lowest was 1.17. And the median was 1.66.

LEN.B's Price-to-Tangible-Book is ranked worse than
72.55% of 102 companies
in the Homebuilding & Construction industry
Industry Median: 1.265 vs LEN.B: 1.86

A closely related ratio is called PB Ratio. As of today, Lennar's share price is $141.69. Lennar's Book Value per Sharefor the quarter that ended in Feb. 2024 was $95.74. Hence, Lennar's P/B Ratio of today is 1.48.

Lennar Price-to-Tangible-Book Historical Data

The historical data trend for Lennar's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Lennar Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.21

1.32

1.49

1.03

1.40

Lennar Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.14	1.27	1.38	1.40	1.78

Competitive Comparison of Lennar's Price-to-Tangible-Book

For the Residential Construction subindustry, Lennar's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Lennar's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lennar's Price-to-Tangible-Book falls into.

Lennar Price-to-Tangible-Book Calculation

Lennar's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2024 )
	=	141.69	/	82.688
	=	1.71

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Lennar Price-to-Tangible-Book Related Terms

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

Lennar (Lennar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Lennar Corp (NYSE:LEN.B) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LEN:USA LEN:Mexico LNN0:Germany LNN:Germany LNN:Germany L1EN34:Brazil

Address

5505 Blue Lagoon Drive, Miami, FL, USA, 33126

Website

https://www.lennar.com

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.