Question 1

What is PulteGroup's P/E ratio?

Accepted Answer

PulteGroup (PHM) P/E ratio is 12.9× as of July 22, 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 PulteGroup?

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 PulteGroup specifically, the relevant sector benchmark is the current sector median of 21.7×.

Question 5

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

Accepted Answer

PulteGroup's P/E ratio of 12.9× is above its own 5-year average of 7.2× and below the sector median of 21.7×. That places the current reading at the 100th 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 PulteGroup's historical P/E ratio range?

Accepted Answer

In the available daily series, PulteGroup (PHM) P/E ratio has ranged from a low of 2.6× in 2013 to a high of 36.2× in 2012. The 5-year average is 7.2× and the 5-year median is 7.2×.

Question 7

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

Accepted Answer

PulteGroup (PHM) P/E ratio at the end of 2025 was 10.3×. 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 PulteGroup'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	$22.8B	$2.22B	10.3×	+3.0×	Dec 31, 2025
2024	$22.3B	$3.08B	7.2×	-1.3×	Dec 31, 2024
2023	$22.1B	$2.6B	8.5×	+4.6×	Dec 31, 2023
2022	$10.3B	$2.62B	4.0×	-3.4×	Dec 31, 2022
2021	$14.4B	$1.95B	7.4×	-0.8×	Dec 31, 2021
2020	$11.5B	$1.41B	8.2×	-2.1×	Dec 31, 2020
2019	$10.5B	$1.02B	10.3×	+3.2×	Dec 31, 2019
2018	$7.25B	$1.02B	7.1×	-14.6×	Dec 31, 2018
2017	$9.71B	$447M	21.7×	+11.8×	Dec 31, 2017
2016	$5.99B	$603M	9.9×	-2.6×	Dec 31, 2016
2015	$6.21B	$494M	12.6×	-4.1×	Dec 31, 2015
2014	$7.93B	$474M	16.7×	+13.8×	Dec 31, 2014
2013	$7.74B	$2.62B	3.0×	-30.8×	Dec 31, 2013
2012	$6.96B	$206M	33.8×	—	Dec 31, 2012
2011	$2.4B	-$210M	—	—	Dec 31, 2011
2010	$2.85B	-$1.1B	—	—	Dec 31, 2010
2009	$3.78B	-$1.18B	—	—	Dec 31, 2009
2008	$2.77B	-$1.47B	—	—	Dec 31, 2008
2007	$2.66B	-$2.26B	—	—	Dec 31, 2007
2006	$8.32B	$687M	12.1×	+5.4×	Dec 31, 2006
2005	$9.99B	$1.49B	6.7×	-1.5×	Dec 31, 2005
2004	$8.13B	$987M	8.2×	-1.0×	Dec 31, 2004
2003	$5.78B	$625M	9.3×	+2.9×	Dec 31, 2003
2002	$2.9B	$454M	6.4×	—	Dec 31, 2002


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Williams-Sonoma (WSM)	19.1×
Expedia Group (EXPE)	18.9×
Domino's Pizza (DPZ)	17.7×
Etsy (ETSY)	16.9×
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D.R. Horton (DHI)	15.3×
Norwegian Cruise Line (NCLH)	15.0×
Hasbro (HAS)	15.0×
NVR (NVR)	14.8×
LKQ (LKQ)	14.5×
Mohawk Industries (MHK)	14.3×
Deckers Outdoor (DECK)	13.8×
Lennar (LEN)	13.5×
Weyco Group (WEYS)	12.8×
Carnival Corporation (CCL)	12.4×
KB Home (KBH)	11.7×
Best Buy Co. (BBY)	11.1×
PDD Holdings (PDD)	10.7×
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Leggett & Platt (LEG)	6.1×

P/E Ratio for PulteGroup (PHM) 2002-2026

P/E Ratio daily chart for PulteGroup (PHM)

Historical P/E Ratio for PulteGroup (PHM) from 2002 to 2025

About P/E Ratio at PulteGroup (PHM)

PulteGroup P/E Ratio by Year

PulteGroup P/E Ratio 2025: 10.3×

PulteGroup P/E Ratio 2024: 7.2×

PulteGroup P/E Ratio 2023: 8.5×

PulteGroup P/E Ratio 2022: 4.0×

PulteGroup P/E Ratio 2021: 7.4×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

PulteGroup (PHM) Key Financials