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LEN (Lennar) PB Ratio : 1.69 (As of Oct. 31, 2024)


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What is Lennar PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-10-31), Lennar's share price is $170.30. Lennar's Book Value per Share for the quarter that ended in Aug. 2024 was $101.06. Hence, Lennar's PB Ratio of today is 1.69.

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

LEN' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.47   Max: 2.26
Current: 1.69

During the past 13 years, Lennar's highest PB Ratio was 2.26. The lowest was 0.65. And the median was 1.47.

LEN's PB Ratio is ranked worse than
67.37% of 95 companies
in the Homebuilding & Construction industry
Industry Median: 1.26 vs LEN: 1.69

During the past 12 months, Lennar's average Book Value Per Share Growth Rate was 12.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Lennar was 32.40% per year. The lowest was -28.40% per year. And the median was 13.90% per year.

Back to Basics: PB Ratio


Lennar PB Ratio Historical Data

The historical data trend for Lennar's PB 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 PB Ratio Chart

Lennar Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.32 1.51 1.06 1.35

Lennar Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
PB 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 1.32 1.35 1.66 1.64 1.80

Competitive Comparison of Lennar's PB Ratio

For the Residential Construction subindustry, Lennar's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio Distribution in the Homebuilding & Construction Industry

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

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



Lennar PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Lennar's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=170.30/101.062
=1.69

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Lennar  (NYSE:LEN) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Lennar PB Ratio Related Terms

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


Lennar Business Description

Address
5505 Waterford District Drive, Miami, FL, USA, 33126
Lennar is one of the largest public homebuilders in the United States. 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 and single-family for rent construction and has invested in numerous housing-related technology startups.
Executives
Amy Banse director 345 PARK AVENUE, SAN JOSE CA 95110
Diane J Bessette officer: VP/CFO/Treasurer LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Mark Sustana officer: VP/General Counsel/Secretary LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
David M Collins officer: VP & Controller LENNAR CORPORATION, 700 NW 107 AVENUE STE 400, MIAMI FL 33172
Jeffrey Joseph Mccall officer: Executive Vice President 26 TECHNOLOGY DRIVE, IRVINE CA 92618
Dacona Smith director 5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Serena Wolfe director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
Jonathan M Jaffe director, officer: Vice President LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Scott D Stowell director
Irving Bolotin director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
Armando J Olivera director C/O FLUOR CORPORATION, 6700 LAS COLINAS BLVD, IRVING TX 75039
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jeffrey Sonnenfeld director 14 WALL ST 13TH FL, NEW YORK NY 10005
Theron I Gilliam director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084