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Cavco Industries has the Highest Forward P/E Ratio in the Homebuilding Industry (CVCO, BLD, IBP, NVR, DHI)

By Shiri Gupta

Below are the three companies in the Homebuilding industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Cavco Industries ranks highest with a a forward P/E ratio of 31.77. Following is Topbuild Cor with a a forward P/E ratio of 21.31. Installed Buildi ranks third highest with a a forward P/E ratio of 20.99.

Nvr Inc follows with a a forward P/E ratio of 17.40, and Dr Horton Inc rounds out the top five with a a forward P/E ratio of 12.41.

SmarTrend recommended that subscribers consider buying shares of Cavco Industries on April 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $128.98. Since that recommendation, shares of Cavco Industries have risen 60.7%. We continue to monitor Cavco Industries for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio cavco industries topbuild cor installed buildi nvr inc dr horton inc