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Beazer Homes USA (Beazer Homes USA) Shiller PE Ratio : 8.64 (As of Apr. 24, 2024)


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What is Beazer Homes USA Shiller PE Ratio?

As of today (2024-04-24), Beazer Homes USA's current share price is $27.21. Beazer Homes USA's E10 for the quarter that ended in Dec. 2023 was $3.15. Beazer Homes USA's Shiller PE Ratio for today is 8.64.

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

BZH' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.28   Med: 9.46   Max: 47.04
Current: 8.64

During the past years, Beazer Homes USA's highest Shiller PE Ratio was 47.04. The lowest was 4.28. And the median was 9.46.

BZH's Shiller PE Ratio is ranked better than
69.44% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 11.405 vs BZH: 8.64

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.

Beazer Homes USA's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.700. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beazer Homes USA Shiller PE Ratio Historical Data

The historical data trend for Beazer Homes USA'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.

Beazer Homes USA Shiller PE Ratio Chart

Beazer Homes USA Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 34.21 4.27 8.12

Beazer Homes USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.20 5.86 9.72 8.12 10.71

Competitive Comparison of Beazer Homes USA's Shiller PE Ratio

For the Residential Construction subindustry, Beazer Homes USA'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.


Beazer Homes USA's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Beazer Homes USA's Shiller PE Ratio falls into.



Beazer Homes USA 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.

Beazer Homes USA's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=27.21/3.15
=8.64

* 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.

Beazer Homes USA's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Beazer Homes USA's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.7/129.4194*129.4194
=0.700

Current CPI (Dec. 2023) = 129.4194.

Beazer Homes USA Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.310 99.695 -0.402
201406 -0.470 100.560 -0.605
201409 1.880 100.428 2.423
201412 -0.840 99.070 -1.097
201503 -0.080 99.621 -0.104
201506 0.380 100.684 0.488
201509 11.210 100.392 14.451
201512 0.030 99.792 0.039
201603 -0.040 100.470 -0.052
201606 0.180 101.688 0.229
201609 -0.030 101.861 -0.038
201612 -0.040 101.863 -0.051
201703 -0.230 102.862 -0.289
201706 0.220 103.349 0.275
201709 1.030 104.136 1.280
201712 -4.080 104.011 -5.077
201803 0.350 105.290 0.430
201806 0.410 106.317 0.499
201809 1.840 106.507 2.236
201812 0.230 105.998 0.281
201903 -3.280 107.251 -3.958
201906 0.380 108.070 0.455
201909 0.080 108.329 0.096
201912 0.090 108.420 0.107
202003 0.350 108.902 0.416
202006 0.510 108.767 0.607
202009 0.790 109.815 0.931
202012 0.400 109.897 0.471
202103 0.810 111.754 0.938
202106 1.220 114.631 1.377
202109 1.570 115.734 1.756
202112 1.140 117.630 1.254
202203 1.450 121.301 1.547
202206 1.760 125.017 1.822
202209 2.820 125.227 2.914
202212 0.800 125.222 0.827
202303 1.130 127.348 1.148
202306 1.420 128.729 1.428
202309 1.800 129.860 1.794
202312 0.700 129.419 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.


Beazer Homes USA  (NYSE:BZH) 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.


Beazer Homes USA Shiller PE Ratio Related Terms

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


Beazer Homes USA (Beazer Homes USA) Business Description

Traded in Other Exchanges
Address
2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319
Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Executives
Lloyd Emerson Johnson director 16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Robert L. Salomon officer: EVP, Chief Financial Officer 5535 LEXINGTON WOODS LANE, ALPHARETTA GA 30005
Pei Sun officer: VP & Chief Accounting Officer 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
C Christian Winkle director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
David I Goldberg officer: SVP, Chief Financial Officer 1000 ABERNATHY ROAD, NE, SUITE 260, ATLANTA GA 30328
Zelnak Stephen P Jr director MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David J Spitz director C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Allan P Merrill director, officer: President and CEO BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Danny R Shepherd director VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Belknap Keith L Jr officer: EVP, General Counsel 3585 ENGINEERING DRIVE, SUITE 100, NORCROSS GA 30092
Larry T Solari director
Brian C Beazer director C/O NUMEREX, 1600 PARKWOOD CIRCLE #200, ATLANTA GA 30339-2119
Peter M Orser director 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
Elizabeth S Acton director 5408 WALDENHILL COURT, SUPERIOR TOWNSHIP MI 48198
Laurent Alpert director