MTHMeritage Homes Corporation

$64.18-6.2% 1Y

$64.18

$57.8852 weeks$85.19

Is the price fair?

Fair

Neither cheap nor expensive: modest expectations priced in, but at the top of its own P/E range.

1 good, 1 to watch, 1 without data

What the price assumes~−4% a yearderived · Jun 30, 2026

Priced for a decline (~−4% a year). The price bakes in little to no growth.

Vs its own P/E rangedearest in 39 quartersderived

Expensive vs its own history: P/E 13.4 vs a 8.3 median over 39 quarters (+62% vs median).

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)better than 78% of the market

FCF yieldbetter than 85% of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

Meritage Homes Corporation trades at 13.4× earnings against 13.4× for the median Residential Construction name, cheaper than its own group.

13.4

Trailing P/E · Residential Construction median 13.4 · cheaper than the typical name in its group

Free cash flow yield: 9.9%
Free cash flow yield · Residential Construction median 6.2%
Growth the price implies: −3.5%
Growth the price implies · The price pays for −3.5% free cash flow growth a year for a decade; the business has delivered −24% a year over the last three.
Price / book: 1.10
Price / book · as of 2026-Q2

Details›

What the market has paid for these earnings: 39 quarters of its own multiple × $4.80 of trailing earnings per share
Method	Per share
Its own P/E history, lower quartile	$31.02
Its own P/E history, median	$39.60
Its own P/E history, upper quartile	$47.72
52-week range	$57.88 – $85.19
Today	$64.18

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.