SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wallace Rivers who wrote (8212)9/11/1999 8:40:00 AM
From: Q.  Read Replies (2) of 78796
 
Homebuilders LEN, DHI and CTX are looking cheap now. Really
out-of-favor.

LEN, for example, is trading at a p/e of 6.4, compared to a
previous five-year low of 7.2.

Yet the companies are in good shape financially.

Here's a table I made:

p/e p/b debt/equity

LEN 6.4 1.1 0.9
DHI 6.3 1.2 1.3
CTX 7.2 1.3 <1

I computed debt including short term notes. CTX is not a
pure play: its financial services division accounts for
most of its debt, and if you exclude that, the debt/equity
for the homebuilding part appears to be considerably below
unity.

I own LEN, and I'm looking to add to the sector.

See the discussion by analysts for this sector in the next
post.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News