The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-29), LGI Homes's share price is $95.85. LGI Homes's Book Value per Share for the quarter that ended in Dec. 2023 was $78.71. Hence, LGI Homes's PB Ratio of today is 1.22.
Good Sign:
LGI Homes Inc stock PB Ratio (=1.22) is close to 3-year low of 1.14
The historical rank and industry rank for LGI Homes's PB Ratio or its related term are showing as below:
LGIH'
s PB Ratio Range Over the Past 10 Years
Min: 1 Med: 2.13 Max: 9.39
Current: 1.22
During the past 13 years, LGI Homes's highest PB Ratio was 9.39. The lowest was 1.00. And the median was 2.13.
LGIH's PB Ratio is ranked worse than 56.31% of 103
companies
in the Homebuilding & Construction industry
Industry Median: 1.16
vs LGIH: 1.22
During the past 12 months, LGI Homes's average Book Value Per Share Growth Rate was 11.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 20.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 23.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 27.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LGI Homes was 74.30% per year. The lowest was 20.00% per year. And the median was 28.30% per year.
Back to Basics: PB Ratio
LGI Homes PB Ratio Historical Data
The historical data trend for LGI Homes's PB 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.
For the Residential Construction subindustry, LGI Homes's PB Ratio, along with its competitors' market caps and PB 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.
LGI Homes's PB Ratio Distribution in the Homebuilding & Construction Industry
For the Homebuilding & Construction industry and Consumer Cyclical sector, LGI Homes's PB Ratio distribution charts can be found below:
* The bar in red indicates where LGI Homes's PB Ratio falls into.
LGI Homes PB Ratio Calculation
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
LGI Homes's PB Ratio for today is calculated as follows:
* 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:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
LGI Homes PB Ratio Related Terms
Thank you for viewing the detailed overview of LGI Homes's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
LGI Homes Inc is engaged in the design, construction, and sale of new homes in markets. The company current product offerings include entry-level homes, including both detached homes and townhomes, and move-up homes sold, which are sold under LGI Homes brand, and luxury series homes, which are sold under the Terrata Homes brand. It offers a set number of floor plans in each community with features that include upgrades, such as granite countertops, appliances, and ceramic tile flooring.
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