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Lennar (FRA:LNN) Shiller PE Ratio : 18.75 (As of May. 05, 2024)


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What is Lennar Shiller PE Ratio?

As of today (2024-05-05), Lennar's current share price is €149.84. Lennar's E10 for the quarter that ended in Feb. 2024 was €7.99. Lennar's Shiller PE Ratio for today is 18.75.

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

FRA:LNN' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.88   Med: 20   Max: 579.5
Current: 17.92

During the past years, Lennar's highest Shiller PE Ratio was 579.50. The lowest was 9.88. And the median was 20.00.

FRA:LNN's Shiller PE Ratio is ranked worse than
72.86% of 70 companies
in the Homebuilding & Construction industry
Industry Median: 11.86 vs FRA:LNN: 17.92

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 €2.382. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €7.99 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
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 12.84 13.67 14.47 14.84 17.97

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
=149.84/7.99
=18.75

* 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)
=2.382/129.4194*129.4194
=2.382

Current CPI (Feb. 2024) = 129.4194.

Lennar Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201405 0.435 100.373 0.561
201408 0.574 100.352 0.740
201411 0.841 99.635 1.092
201502 0.432 99.032 0.565
201505 0.693 100.333 0.894
201508 0.845 100.548 1.088
201511 1.106 100.135 1.429
201602 0.557 100.040 0.721
201605 0.823 101.355 1.051
201608 0.883 101.617 1.125
201611 1.218 101.829 1.548
201702 0.150 102.779 0.189
201705 0.805 103.256 1.009
201708 0.881 103.587 1.101
201711 1.099 104.072 1.367
201802 0.429 105.052 0.529
201805 0.795 106.148 0.969
201808 1.186 106.383 1.443
201811 2.130 106.338 2.592
201902 0.652 106.649 0.791
201905 1.162 108.048 1.392
201908 1.429 108.245 1.709
201911 1.928 108.519 2.299
202002 1.165 109.139 1.381
202005 1.513 108.175 1.810
202008 1.791 109.662 2.114
202011 2.386 109.793 2.813
202102 2.646 110.968 3.086
202105 2.181 113.576 2.485
202108 3.842 115.421 4.308
202111 3.425 117.269 3.780
202202 1.489 119.703 1.610
202205 4.248 123.323 4.458
202208 4.965 124.958 5.142
202211 4.464 125.607 4.599
202302 1.924 126.928 1.962
202305 2.769 128.314 2.793
202308 3.549 129.538 3.546
202311 4.454 129.548 4.450
202402 2.382 129.419 2.382

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  (FRA:LNN) 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 (FRA:LNN) 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.