FOR (Forestar Group) Shiller PE Ratio: 10.42 (As of Aug. 13, 2026) — 75% Below Median

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FOR Forestar Group Inc FOR
83 GF Score
Price $29.29
GF Value $30.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Forestar Group Shiller PE Ratio?

Forestar Group FOR +0.33% 83 Shiller PE Ratio is 10.42 as of Aug. 13, 2026, which is 75% below its 10-year median of 42.29. GuruFocus rates FOR with a GF Score™ of 83/100 and a GF Value™ of $30.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,036 Real Estate companies, Forestar Group ranks better than 55.12% on this metric.

As of today (2026-08-13), Forestar Group's current share price is $29.285. Forestar Group's E10 for the quarter that ended in Jun. 2026 was $2.81. Forestar Group's Shiller PE Ratio for today is 10.42.

The historical rank and industry rank for Forestar Group's Shiller PE Ratio or its related term are showing as below:

FOR' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.99   Med: 42.29   Max: 1072
Current: 10.42

During the past years, Forestar Group's highest Shiller PE Ratio was 1072.00. The lowest was 8.99. And the median was 42.29.

FOR's Shiller PE Ratio is ranked better than
55.12% of 1036 companies
in the Real Estate industry
Industry Median: 11.575 vs FOR: 10.42

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Forestar Group's adjusted earnings per share data for the three months ended in Jun. 2026 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Forestar Group  (NYSE:FOR) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Forestar Group Shiller PE Ratio Related Terms


Forestar Group Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Forestar Group's Shiller PE 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.

Forestar Group Shiller PE Ratio Chart

Forestar Group Annual Data
Trend Dec15 Dec16 Dec17 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.88 14.66 26.16 24.42 10.39

Forestar Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial 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 11.60 10.39 9.44 8.92 11.27

FOR vs CCS, FPH, SKYH: Shiller PE Ratio Comparison

For the Real Estate - Development subindustry, Forestar Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Forestar Group Shiller PE Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forestar Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forestar Group's Shiller PE Ratio falls into.


FOR
83GF Score
Forestar Group Inc FOR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forestar Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Forestar Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=29.285/2.81
=10.42

* 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.

Forestar Group's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Forestar Group's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.7/333.9520*333.9520
=0.700

Current CPI (Jun. 2026) = 333.9520.

Forestar Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.230 241.428 0.318
201612 1.030 241.432 1.425
201703 0.590 243.801 0.808
201706 -0.060 244.955 -0.082
201709 1.060 246.819 1.434
201712 -0.420 246.524 -0.569
201803 0.110 249.554 0.147
201806 0.220 251.989 0.292
201809 1.310 252.439 1.733
201812 0.080 251.233 0.106
201903 0.240 254.202 0.315
201906 0.160 256.143 0.209
201909 0.300 256.759 0.390
201912 0.350 256.974 0.455
202003 0.200 258.115 0.259
202006 0.210 257.797 0.272
202009 0.500 260.280 0.642
202012 0.460 260.474 0.590
202103 0.590 264.877 0.744
202106 0.320 271.696 0.393
202109 0.890 274.310 1.084
202112 0.810 278.802 0.970
202203 0.960 287.504 1.115
202206 0.800 296.311 0.902
202209 1.020 296.808 1.148
202212 0.420 296.797 0.473
202303 0.540 301.836 0.597
202306 0.930 305.109 1.018
202309 1.440 307.789 1.562
202312 0.760 306.746 0.827
202403 0.890 312.332 0.952
202406 0.760 314.175 0.808
202409 1.600 315.301 1.695
202412 0.320 315.605 0.339
202503 0.620 319.799 0.647
202506 0.650 322.561 0.673
202509 1.700 324.800 1.748
202512 0.300 324.054 0.309
202603 0.630 330.213 0.637
202606 0.700 333.952 0.700

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 10.42 mean?
Forestar Group (FOR) has a Shiller PE Ratio of 10.42 as of Aug. 13, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Forestar Group and its competitors. This is 75% below median its historical median of 42.29. Over the past decade, Forestar Group's Shiller PE Ratio has ranged from 8.99 to 1,072.00. According to the industry distribution chart, Forestar Group ranks #465 out of 1036 companies in the Real Estate industry, placing it in the top 44.9%.
Is Forestar Group's Shiller PE Ratio too high?
Forestar Group's current Shiller PE Ratio of 10.42 is 75% below median its 10-year median of 42.29. Over the past 10 years, this metric has ranged from a low of 8.99 to a high of 1,072.00. The Real Estate industry median Shiller PE Ratio is 11.58. Forestar Group's value of 10.42 is 10% below this industry median. Based on the distribution chart, Forestar Group ranks #465 out of 1036 companies in the Real Estate industry, which is above the industry midpoint. Overall, Forestar Group has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Forestar Group's Shiller PE Ratio compare to CCS and FPH?
According to the Real Estate industry distribution chart, Forestar Group ranks #465 out of 1036 companies for Shiller PE Ratio. This puts Forestar Group in the upper half of its industry. The industry median Shiller PE Ratio is 11.58. Forestar Group's value of 10.42 is 10% below this benchmark. Historically, Forestar Group's own Shiller PE Ratio has ranged from 8.99 to 1,072.00 over the past decade. While the company's 10-year median is 42.29 vs. the industry median of 11.58, Forestar Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Real Estate company?
The median Shiller PE Ratio among Real Estate companies is 11.58, based on 1,036 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forestar Group's current Shiller PE Ratio of 10.42 is 10% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Forestar Group and its competitors. For the Real Estate industry, the median Shiller PE Ratio is 11.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forestar Group's current Shiller PE Ratio is 10.42, which is 75% below median its own 10-year median of 42.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forestar Group stock overvalued right now?
Based on GuruFocus' analysis, Forestar Group (FOR) is currently considered Fairly Valued. The stock's GF Value™ is $30.11, compared to a current price of $29.29 — trading 2.7% below its estimated fair value. The current Shiller PE Ratio is 10.42, which is 75% below median its 10-year median of 42.29 and 10% below the Real Estate industry median of 11.58. Forestar Group's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Forestar Group (FOR), the current Shiller PE Ratio is 10.42 as of Aug. 13, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forestar Group (FOR) Overvalued in 2026?

Based on GuruFocus' analysis, Forestar Group stock appears to be undervalued. The current stock price of $29.29 is trading 2.7% below its estimated GF Value™ of $30.11. GuruFocus considers Forestar Group to be Fairly Valued.

Key valuation signals for FOR:

  • Shiller PE Ratio: 10.42 (75% below median its 10-year median of 42.29)
  • GF Value™: $30.11 vs. price of $29.29 (2.7% below fair value)
  • GF Score™: 83/100 with 6 warning signs
  • Industry Position: 10% below the Real Estate median (#465 of 1036)

No single metric tells the full story. See the FOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forestar Group Business Description

Other Exchanges 4F31:Germany
Address 2221 E. Lamar Boulevard, Suite 790, Arlington, TX, USA, 76006
Forestar Group Inc is a residential lot development company engaged in land acquisition and development for the sale of finished single-family residential lots to local, regional, and national homebuilders. The company operates through a single real estate segment, which acquires land, installs infrastructure for residential communities, and generates all revenue from lot sales. Its communities mainly support entry-level, first-time move-up, and active-adult homes, with certain communities also marketed to build-to-rent operators. The company generally invests in entitled, short-duration projects that can be developed in phases to align lot production with market demand and support efficient capital deployment.
83GF Score

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Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$29.29
Price
$30.11
GF Value