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Lennar (MEX:LENB) Shiller PE Ratio : 17.77 (As of Jun. 25, 2024)


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What is Lennar Shiller PE Ratio?

As of today (2024-06-25), Lennar's current share price is MXN1577.92. Lennar's E10 for the quarter that ended in Feb. 2024 was MXN88.80. Lennar's Shiller PE Ratio for today is 17.77.

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

MEX:LENB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.88   Med: 19.71   Max: 579.5
Current: 16.89

During the past years, Lennar's highest Shiller PE Ratio was 579.50. The lowest was 9.88. And the median was 19.71.

MEX:LENB's Shiller PE Ratio is ranked worse than
74.29% of 70 companies
in the Homebuilding & Construction industry
Industry Median: 11.4 vs MEX:LENB: 16.89

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.

Lennar's adjusted earnings per share data for the three months ended in Feb. 2024 was MXN43.839. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN88.80 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lennar Shiller PE Ratio Historical Data

The historical data trend for Lennar'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.

* Premium members only.

Lennar Shiller PE Ratio Chart

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.46 18.97 18.50 12.06 14.84

Lennar Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 13.67 14.47 14.84 17.77 -

Competitive Comparison of Lennar's Shiller PE Ratio

For the Residential Construction subindustry, Lennar'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.


Lennar's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

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

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



Lennar 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.

Lennar's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1577.92/88.8
=17.77

* 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.

Lennar's E10 for the quarter that ended in Feb. 2024 is calculated as:

For example, Lennar's adjusted earnings per share data for the three months ended in Feb. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=43.839/130.9299*130.9299
=43.839

Current CPI (Feb. 2024) = 130.9299.

Lennar Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 7.691 100.373 10.032
201408 9.994 100.352 13.039
201411 14.603 99.635 19.190
201502 7.323 99.032 9.682
201505 11.903 100.333 15.533
201508 15.747 100.548 20.505
201511 19.693 100.135 25.749
201602 11.159 100.040 14.605
201605 17.149 101.355 22.153
201608 18.664 101.617 24.048
201611 26.874 101.829 34.554
201702 3.200 102.779 4.076
201705 16.603 103.256 21.053
201708 18.499 103.587 23.382
201711 24.037 104.072 30.240
201802 9.985 105.052 12.445
201805 18.800 106.148 23.189
201808 26.322 106.383 32.396
201811 49.120 106.338 60.480
201902 14.256 106.649 17.502
201905 25.548 108.048 30.958
201908 31.907 108.245 38.594
201911 41.627 108.519 50.224
202002 25.057 109.139 30.060
202005 36.580 108.175 44.275
202008 46.386 109.662 55.382
202011 56.823 109.793 67.762
202102 66.992 110.968 79.043
202105 52.814 113.576 60.884
202108 90.734 115.421 102.926
202111 83.881 117.269 93.652
202202 34.481 119.703 37.715
202205 88.363 123.323 93.814
202208 101.033 124.958 105.862
202211 88.115 125.607 91.849
202302 37.791 126.928 38.983
202305 53.424 128.314 54.513
202308 65.329 129.538 66.031
202311 83.751 129.548 84.644
202402 43.839 130.930 43.839

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.


Lennar  (MEX:LENB) 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.


Lennar Shiller PE Ratio Related Terms

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


Lennar (MEX:LENB) 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.

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