MHO Historical PE Ratio Notes

— M/I Homes (ticker symbol MHO) is a leading homebuilder in the United States, specializing in building single-family homes, townhomes, and condominiums across various markets. Founded in 1976, the company operates in several fast-growing regions, offering homes that appeal to first-time, move-up, and luxury buyers. M/I Homes generates revenue primarily through home sales, with performance closely tied to prevailing trends in the housing market, mortgage rates, consumer confidence, and economic cycles. When you research the historical P/E ratio (price-to-earnings ratio) for M/I Homes, remember that this metric reflects how much investors are willing to pay for “one dollar” of current or anticipated earnings. Because the homebuilding industry can be highly cyclical, MHO's earnings (the denominator in the P/E ratio) may fluctuate significantly with changing demand, input costs, and macroeconomic conditions. In periods of strong housing demand or low interest rates, earnings may rise quickly, often causing the P/E ratio to compress (& investors may view the stock as less risky), while during downturns, earnings may fall and the P/E ratio may expand, sometimes reflecting both lower earning power and higher perceived risk. Understanding these industry sensitivities will help you interpret MHO's historical valuation patterns more insightfully.

On this page we presented the M/I Homes Historical PE Ratio information for M/I Homes' stock. The average MHO historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 10.1. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average MHO historical PE based on this TTM earnings result method is 10.0. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this MHO historical PE result, against the recent PE: when this page was posted on 5/5/2026, the most recent closing price for MHO had been 128.48, and the most recent quarterly earnings result, annualized, was 10.2. Meanwhile, the most recent TTM earnings summed to 15.01. From these numbers, we calculate the recent MHO PE on 5/5/2026 based on annualized quarterly EPS was 12.6. Based on MHO's history, that recent PE is elevated relative to the historical average, with the recent PE 24.8% higher than the historical average PE across our data set for M/I Homes. Looking at the recent MHO PE on 5/5/2026 based on TTM EPS, we calculate the ratio at 8.6. Based on MHO's history, that recent PE is low relative to the historical average, with the recent PE 14.0% lower than the average PE across our M/I Homes data set with TTM EPS used in the calculation at each period.

Another interesting MHO historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for MHO, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for MHO, we start with the past four EPS numbers and we first sort them from lowest to highest: 2.55, 3.91, 4.13, and 4.42. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 3.91 and 4.13 — which gives us the median of 4.02. Basically the way to think about this 4.02 number is this: for the trailing four earnings reports, 4.02 marks the "middle ground" number where MHO has reported a value higher than 4.02 half the time, and has reported a value lower than 4.02 half the time. Annualizing that median value then gets us to 16.08/share, which we use as the denominator in our next PE calculation. With 128.48 as the numerator (as of 5/5/2026), the calculation is then 128.48 / 16.08 = 8.0 as the MHO PE ratio as of 5/5/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on MHO or any other given stock, valuation analysis for MHO can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate M/I Homes PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for MHO. Thanks for visiting, and the next time you need to research MHO Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.