Here's Why TopBuild Corp.'s (NYSE:BLD) CEO May Deserve A Raise
Apr 23
U.S. Homebuilding Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies31
- 7D3.6%
- 3M6.7%
- 1Y49.5%
- YTDn/a
In the last week, the Homebuilding industry is up 3.6%, with PulteGroup up 6.2%. During this same period, the Lead Real Estate underperformed, falling 15%. This means that the industry has gained 49% over the past year. Earnings are forecast to grow by 3.2% annually.
Industry Valuation and Performance
Has the U.S. Homebuilding Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 24 Apr 2024 | US$218.6b | US$167.1b | US$20.5b | 10x | 10.7x | 1.3x |
| Fri, 22 Mar 2024 | US$234.5b | US$170.1b | US$20.4b | 10.7x | 11.5x | 1.4x |
| Sun, 18 Feb 2024 | US$213.5b | US$169.5b | US$20.5b | 9.5x | 10.4x | 1.3x |
| Tue, 16 Jan 2024 | US$216.8b | US$171.6b | US$21.0b | 9.8x | 10.3x | 1.3x |
| Thu, 14 Dec 2023 | US$196.9b | US$170.3b | US$20.8b | 9.2x | 9.4x | 1.2x |
| Sat, 11 Nov 2023 | US$168.6b | US$171.1b | US$21.0b | 8.2x | 8x | 1x |
| Mon, 09 Oct 2023 | US$156.5b | US$171.3b | US$21.4b | 7x | 7.3x | 0.9x |
| Wed, 06 Sep 2023 | US$170.8b | US$171.8b | US$21.9b | 7.9x | 7.8x | 1x |
| Fri, 04 Aug 2023 | US$179.6b | US$171.8b | US$21.8b | 8.4x | 8.3x | 1x |
| Sun, 02 Jul 2023 | US$179.4b | US$171.7b | US$22.6b | 8x | 7.9x | 1x |
| Tue, 30 May 2023 | US$154.3b | US$172.1b | US$23.1b | 6.5x | 6.7x | 0.9x |
| Thu, 27 Apr 2023 | US$153.0b | US$172.5b | US$23.3b | 5.6x | 6.6x | 0.9x |
| Sat, 25 Mar 2023 | US$142.6b | US$171.9b | US$23.8b | 4.9x | 6x | 0.8x |
| Mon, 20 Feb 2023 | US$138.0b | US$171.0b | US$23.6b | 4.9x | 5.8x | 0.8x |
| Wed, 18 Jan 2023 | US$133.9b | US$168.7b | US$23.7b | 4.4x | 5.7x | 0.8x |
| Fri, 16 Dec 2022 | US$126.0b | US$168.4b | US$23.6b | 4x | 5.3x | 0.7x |
| Sun, 13 Nov 2022 | US$118.4b | US$166.0b | US$23.2b | 4.4x | 5.1x | 0.7x |
| Tue, 11 Oct 2022 | US$108.2b | US$160.8b | US$22.0b | 4.3x | 4.9x | 0.7x |
| Thu, 08 Sep 2022 | US$106.6b | US$158.4b | US$21.8b | 4.3x | 4.9x | 0.7x |
| Sat, 06 Aug 2022 | US$118.4b | US$158.1b | US$21.8b | 4.6x | 5.4x | 0.7x |
| Mon, 04 Jul 2022 | US$109.1b | US$153.2b | US$20.3b | 4.8x | 5.4x | 0.7x |
| Wed, 01 Jun 2022 | US$119.8b | US$151.0b | US$20.2b | 5.2x | 5.9x | 0.8x |
| Fri, 29 Apr 2022 | US$113.2b | US$148.6b | US$19.7b | 5.4x | 5.8x | 0.8x |
| Sun, 27 Mar 2022 | US$122.7b | US$146.2b | US$18.7b | 5.7x | 6.5x | 0.8x |
| Tue, 22 Feb 2022 | US$135.6b | US$143.7b | US$19.0b | 6.9x | 7.1x | 0.9x |
| Thu, 20 Jan 2022 | US$147.6b | US$139.5b | US$18.0b | 7.8x | 8.2x | 1.1x |
| Sat, 18 Dec 2021 | US$161.1b | US$139.0b | US$18.0b | 8.8x | 9x | 1.2x |
| Mon, 15 Nov 2021 | US$157.7b | US$134.7b | US$16.8b | 8.5x | 9.4x | 1.2x |
| Wed, 13 Oct 2021 | US$138.9b | US$130.3b | US$15.7b | 7.7x | 8.8x | 1.1x |
| Fri, 10 Sep 2021 | US$147.5b | US$128.2b | US$14.8b | 9x | 9.9x | 1.2x |
| Sun, 08 Aug 2021 | US$152.6b | US$128.2b | US$14.9b | 9.3x | 10.2x | 1.2x |
| Sat, 01 May 2021 | US$157.9b | US$119.5b | US$12.9b | 11.3x | 12.2x | 1.3x |
Price to Earnings Ratio
12.2x
Current Industry PE
- Investors are optimistic on the American Homebuilding industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 10.7x which is higher than its 3-year average PE of 7.8x.
- The 3-year average PS ratio of 0.99x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Homebuilding industry have grown 17% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. Homebuilding compare with similar industries?
| US Market | 1.23% | |
| Consumer Discretionary | 0.52% | |
| Consumer Durables | 3.12% | |
| Homebuilding | 3.55% | |
| Home Furnishings | 3.90% | |
| Housewares and Specialties | 3.12% | |
| Household Appliances | 1.22% | |
| Consumer Electronics | 1.12% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| PHM PulteGroup | US$112.26 | 5.8% +US$1.2b | 73.7% | PE8.7x | |
| LEN Lennar | US$154.12 | 1.5% +US$623.5m | 41.2% | PE10.7x | |
| TOL Toll Brothers | US$118.70 | 4.7% +US$550.0m | 93.4% | PE8.7x | |
| IBP Installed Building Products | US$235.25 | 4.9% +US$310.0m | 98.7% | PE27.5x | |
| MHO M/I Homes | US$122.42 | 9.9% +US$306.4m | 91.3% | PE7.3x |
