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Taylor Morrison Home (Taylor Morrison Home) Shiller PE Ratio : 14.52 (As of Apr. 24, 2024)


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What is Taylor Morrison Home Shiller PE Ratio?

As of today (2024-04-24), Taylor Morrison Home's current share price is $56.35. Taylor Morrison Home's E10 for the quarter that ended in Dec. 2023 was $3.88. Taylor Morrison Home's Shiller PE Ratio for today is 14.52.

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

TMHC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 7.8   Med: 12.95   Max: 18.39
Current: 14.52

During the past years, Taylor Morrison Home's highest Shiller PE Ratio was 18.39. The lowest was 7.80. And the median was 12.95.

TMHC's Shiller PE Ratio is ranked worse than
62.5% of 72 companies
in the Homebuilding & Construction industry
Industry Median: 11.405 vs TMHC: 14.52

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.

Taylor Morrison Home's adjusted earnings per share data for the three months ended in Dec. 2023 was $1.580. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.88 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Taylor Morrison Home Shiller PE Ratio Historical Data

The historical data trend for Taylor Morrison Home'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.

Taylor Morrison Home Shiller PE Ratio Chart

Taylor Morrison Home Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16.06 9.11 13.76

Taylor Morrison Home 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 9.11 11.00 13.16 11.11 13.76

Competitive Comparison of Taylor Morrison Home's Shiller PE Ratio

For the Residential Construction subindustry, Taylor Morrison Home'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.


Taylor Morrison Home's Shiller PE Ratio Distribution in the Homebuilding & Construction Industry

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

* The bar in red indicates where Taylor Morrison Home's Shiller PE Ratio falls into.



Taylor Morrison Home 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.

Taylor Morrison Home's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=56.35/3.88
=14.52

* 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.

Taylor Morrison Home's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Taylor Morrison Home'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)
=1.58/129.4194*129.4194
=1.580

Current CPI (Dec. 2023) = 129.4194.

Taylor Morrison Home Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.330 99.695 0.428
201406 0.450 100.560 0.579
201409 0.540 100.428 0.696
201412 0.840 99.070 1.097
201503 0.790 99.621 1.026
201506 0.150 100.684 0.193
201509 0.370 100.392 0.477
201512 0.540 99.792 0.700
201603 0.210 100.470 0.271
201606 0.370 101.688 0.471
201609 0.490 101.861 0.623
201612 0.630 101.863 0.800
201703 0.300 102.862 0.377
201706 0.460 103.349 0.576
201709 0.450 104.136 0.559
201712 0.260 104.011 0.324
201803 0.410 105.290 0.504
201806 0.520 106.317 0.633
201809 0.830 106.507 1.009
201812 0.080 105.998 0.098
201903 0.460 107.251 0.555
201906 0.760 108.070 0.910
201909 0.630 108.329 0.753
201912 0.510 108.420 0.609
202003 -0.260 108.902 -0.309
202006 0.500 108.767 0.595
202009 0.870 109.815 1.025
202012 0.720 109.897 0.848
202103 0.750 111.754 0.869
202106 0.950 114.631 1.073
202109 1.340 115.734 1.498
202112 2.190 117.630 2.410
202203 1.440 121.301 1.536
202206 2.450 125.017 2.536
202209 2.720 125.227 2.811
202212 2.510 125.222 2.594
202303 1.740 127.348 1.768
202306 2.120 128.729 2.131
202309 1.540 129.860 1.535
202312 1.580 129.419 1.580

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.


Taylor Morrison Home  (NYSE:TMHC) 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.


Taylor Morrison Home Shiller PE Ratio Related Terms

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


Taylor Morrison Home (Taylor Morrison Home) Business Description

Traded in Other Exchanges
Address
4900 N. Scottsdale Road, Suite 2000, Scottsdale, AZ, USA, 85251
Taylor Morrison Home is an American residential construction company that builds single-family homes and communities throughout California, Arizona, Texas, Illinois, Colorado, Florida, Georgia, and North Carolina. Taylor Morrison also reports via a mortgage operations segment that provides financing services for its homebuyers. It constructs various types of single-family homes, from entry-level to luxury move-up homes, as well as active adult communities. The majority of the company's revenue is derived from its construction projects, with the West and central operating regions leading the way.
Executives
William H Lyon director C/O TAYLOR MORRISON HOME CORP., 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Sheryl Palmer officer: President and CEO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Darrell Sherman officer: EVP, CLO & Secretary 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Joseph Terracciano officer: Chief Accounting Officer 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Curtis Vanhyfte officer: Interim CFO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Louis Steffens officer: EVP and CFO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
David C Merritt director CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
Denise Warren director 209 REDWOOD SHORES PKWY, REDWOOD CITY CA 94065
C. David Cone officer: Vice President and CFO 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Christopher J. Yip director 301 COMMERCE STREET, FORT WORTH TX 76102
Gary H Hunt director C/O WILLIAM LYON HOMES, 4695 MACARTHUR COURT, 8TH FLOOR, NEWPORT BEACH CA 92660
Peter R. Lane director 1500 SOLANA BOULEVARD, BUILDING 4, SUITE 4500, SOUTHLAKE TX 76092
Jeffry L. Flake director C/O 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Andi Owen director 4900 N. SCOTTSDALE ROAD, SUITE 2000, SCOTTSDALE AZ 85251
Tpg Group Holdings (sbs) Advisors, Inc. 10 percent owner C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102