Question 1

What is NVR's P/E ratio?

Accepted Answer

NVR (NVR) P/E ratio is 14.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for NVR?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For NVR specifically, the relevant sector benchmark is the current sector median of 21.9×.

Question 5

Is NVR's P/E ratio high or low?

Accepted Answer

NVR's P/E ratio of 14.6× is above its own 5-year average of 13.6× and below the sector median of 21.9×. That places the current reading at the 46th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is NVR's historical P/E ratio range?

Accepted Answer

In the available daily series, NVR (NVR) P/E ratio has ranged from a low of 3.8× in 2006 to a high of 44.3× in 2009. The 5-year average is 13.6× and the 5-year median is 14.2×.

Question 7

What was NVR's P/E ratio in 2025?

Accepted Answer

NVR (NVR) P/E ratio at the end of 2025 was 15.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does NVR's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$20.65B	$1.34B	15.4×	+0.3×	Dec 31, 2025
2024	$25.44B	$1.68B	15.1×	+1.1×	Dec 31, 2024
2023	$22.35B	$1.59B	14.0×	+5.5×	Dec 31, 2023
2022	$14.79B	$1.73B	8.6×	-8.0×	Dec 31, 2022
2021	$20.49B	$1.24B	16.6×	-0.3×	Dec 31, 2021
2020	$15.16B	$901.25M	16.8×	+0.9×	Dec 31, 2020
2019	$13.98B	$878.54M	15.9×	+4.9×	Dec 31, 2019
2018	$8.78B	$797.20M	11.0×	-13.3×	Dec 31, 2018
2017	$13.09B	$537.52M	24.4×	+9.6×	Dec 31, 2017
2016	$6.26B	$425.26M	14.7×	-2.1×	Dec 31, 2016
2015	$6.43B	$382.93M	16.8×	-1.8×	Dec 31, 2015
2014	$5.24B	$281.63M	18.6×	+1.3×	Dec 31, 2014
2013	$4.62B	$266.48M	17.3×	-7.6×	Dec 31, 2013
2012	$4.51B	$180.59M	24.9×	-1.4×	Dec 31, 2012
2011	$3.42B	$129.42M	26.4×	+7.5×	Dec 31, 2011
2010	$3.90B	$206.00M	18.9×	-3.1×	Dec 31, 2010
2009	$4.22B	$192.18M	22.0×	-2.9×	Dec 31, 2009
2008	$2.51B	$100.89M	24.9×	+16.8×	Dec 31, 2008
2007	$2.69B	$333.95M	8.1×	+2.0×	Dec 31, 2007
2006	$3.57B	$587.41M	6.1×	+0.4×	Dec 31, 2006
2005	$3.93B	$697.56M	5.6×	-3.8×	Dec 31, 2005
2004	$4.96B	$523.20M	9.5×	+2.2×	Dec 31, 2004
2003	$3.07B	$419.79M	7.3×	+0.3×	Dec 31, 2003
2002	$2.31B	$331.47M	7.0×	+0.6×	Dec 31, 2002
2001	$1.51B	$236.79M	6.4×	—	Dec 31, 2001


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P/E Ratio for NVR (NVR)

P/E Ratio daily chart for NVR (NVR)

Historical P/E Ratio for NVR (NVR) from 2001 to 2025

About P/E Ratio at NVR (NVR)

NVR P/E Ratio by Year

NVR P/E Ratio 2025: 15.4×

NVR P/E Ratio 2024: 15.1×

NVR P/E Ratio 2023: 14.0×

NVR P/E Ratio 2022: 8.6×

NVR P/E Ratio 2021: 16.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

NVR (NVR) Key Financials

P/E Ratio daily chart for NVR (NVR)

Historical P/E Ratio for NVR (NVR) from 2001 to 2025

About P/E Ratio at NVR (NVR)

NVR P/E Ratio by Year

NVR P/E Ratio 2025: 15.4×

NVR P/E Ratio 2024: 15.1×

NVR P/E Ratio 2023: 14.0×

NVR P/E Ratio 2022: 8.6×

NVR P/E Ratio 2021: 16.6×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is NVR's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for NVR?

+Is NVR's P/E ratio high or low?

+What is NVR's historical P/E ratio range?

+What was NVR's P/E ratio in 2025?

+Why does NVR's P/E ratio change over time?

NVR (NVR) Key Financials