D.R. Horton, Inc. (DHI) P/E Ratio History
Historical price-to-earnings valuation from 1993 to 2026
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DHI Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, D.R. Horton, Inc. (DHI) trades at a price-to-earnings ratio of 12.7x, with a stock price of $146.47 and trailing twelve-month earnings per share of $10.98.
The current P/E is 39% above its 5-year average of 9.1x. Over the past five years, DHI's P/E has ranged from a low of 4.1x to a high of 14.6x, placing the current valuation at the 80th percentile of its historical range.
Compared to the Consumer Cyclical sector median P/E of 19.3x, DHI trades at a 34% discount to its sector peers. The sector includes 301 companies with P/E ratios ranging from 0.1x to 188.7x.
The PEG ratio of 1.01 (P/E divided by -19% EPS growth) suggests a fair valuation relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, DHI trades at a notable discount to the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our DHI DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
DHI P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $19B | 10.8 | - | -44% | |
| $23B | 10.6 | 0.64 | -24% | |
| $17B | 13.8 | 1.01 | -14% | |
| $13B | 10.2 | 0.32 | -10% | |
| $3B | 8.7 | 0.71 | -25% | |
| $4B | 21.3 | 0.78 | +35%Best | |
| $3B | 7.9 | 0.54 | -27% | |
| $4B | 17.2 | 3.73 | -44% | |
| $6B | 7.6Lowest | 0.23Best | -6% | |
| $5B | 23.4 | 1.13 | +13% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
DHI Historical P/E Data (1993–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q2 | $137.22 | $10.67 | 12.9x | -54% | |
| FY2026 Q1 | Wed Dec 31 2025 00:00:00 GM | $144.03 | $11.01 | 13.1x | -53% |
| FY2025 Q4 | $169.47 | $11.59 | 14.6x | -48% | |
| FY2025 Q3 | Mon Jun 30 2025 00:00:00 GM | $128.92 | $12.47 | 10.3x | -63% |
| FY2025 Q2 | Mon Mar 31 2025 00:00:00 GM | $127.13 | $13.21 | 9.6x | -66% |
| FY2025 Q1 | $139.82 | $14.15 | 9.9x | -65% | |
| FY2024 Q4 | Mon Sep 30 2024 00:00:00 GM | $190.77 | $14.36 | 13.3x | -53% |
| FY2024 Q3 | Sun Jun 30 2024 00:00:00 GM | $140.93 | $14.89 | 9.5x | -66% |
| FY2024 Q2 | Sun Mar 31 2024 00:00:00 GM | $164.55 | $14.69 | 11.2x | -60% |
| FY2024 Q1 | Sun Dec 31 2023 00:00:00 GM | $151.98 | $13.90 | 10.9x | -61% |
| FY2023 Q4 | Sat Sep 30 2023 00:00:00 GM | $107.47 | $13.84 | 7.8x | -72% |
| FY2023 Q3 | Fri Jun 30 2023 00:00:00 GM | $121.69 | $14.06 | 8.7x | -69% |
Average P/E for displayed period: 28.1x
Full DHI Stock Analysis
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Start ComparisonDHI — Frequently Asked Questions
Quick answers to the most common questions about buying DHI stock.
Is DHI stock overvalued or undervalued?
DHI trades at 12.7x P/E, above its 5-year average of 9.1x. The 80th percentile ranking indicates a premium to historical valuation.
How does DHI's valuation compare to peers?
D.R. Horton, Inc. P/E of 12.7x compares to sector median of 19.3x. The discount suggests lower growth expectations or higher risk.
What is DHI's PEG ratio?
DHI PEG ratio is 1.01. Between 1-2 suggests valuation aligns with growth. Historical P/E data spans 1993-2026.