PHM Historical PE Ratio Notes

— PulteGroup (ticker symbol PHM) is one of the largest homebuilders in the United States, operating in both the construction and sale of residential homes across various demographic segments. The company’s core business revolves around building single-family homes, townhomes, and condominiums, as well as developing planned communities under multiple brand names. As a cyclical company, PulteGroup’s earnings are heavily impacted by macroeconomic factors such as mortgage interest rates, consumer confidence, employment levels, and overall housing demand. When these external factors are favorable, the company typically reports higher earnings, which can lead to a lower historical price-to-earnings (P/E) ratio as stock prices may not always rise as quickly as earnings. Conversely, during economic downturns or periods of weak housing demand, PHM's earnings can decline sharply, sometimes causing the P/E ratio to spike if stock prices remain elevated or to contract sharply if both earnings and stock price fall. Therefore, PHM’s historical P/E ratio reflects not only the company's operational performance, but also the cyclical nature of the housing industry, investor sentiment regarding future growth & risk, and broader economic trends that influence the homebuilding environment.

On this page we presented the PHM Historical PE Ratio information for PulteGroup' stock. The average PHM 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 12.6. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average PHM historical PE based on this TTM earnings result method is 11.9. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this PHM historical PE result, against the recent PE: when this page was posted on 10/12/2026, the most recent closing price for PHM had been 111.14, and the most recent quarterly earnings result, annualized, was 9.92. Meanwhile, the most recent TTM earnings summed to 10.11. From these numbers, we calculate the recent PHM PE on 10/12/2026 based on annualized quarterly EPS was 11.2. Based on PHM's history, that recent PE is low relative to the historical average, with the recent PE 11.1% lower than the historical average PE across our data set for PulteGroup. Looking at the recent PHM PE on 10/12/2026 based on TTM EPS, we calculate the ratio at 11.0. Based on PHM's history, that recent PE is low relative to the historical average, with the recent PE 7.6% lower than the average PE across our PulteGroup data set with TTM EPS used in the calculation at each period.

Another interesting PHM historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for PHM, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for PHM, we start with the past four EPS numbers and we first sort them from lowest to highest: 1.79, 2.48, 2.88, and 2.96. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 2.48 and 2.88 — which gives us the median of 2.68. Basically the way to think about this 2.68 number is this: for the trailing four earnings reports, 2.68 marks the "middle ground" number where PHM has reported a value higher than 2.68 half the time, and has reported a value lower than 2.68 half the time. Annualizing that median value then gets us to 10.72/share, which we use as the denominator in our next PE calculation. With 111.14 as the numerator (as of 10/12/2026), the calculation is then 111.14 / 10.72 = 10.4 as the PHM PE ratio as of 10/12/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on PHM or any other given stock, valuation analysis for PHM 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 PulteGroup 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 PHM. Thanks for visiting, and the next time you need to research PHM 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.