SharesGrow 7-Criteria Score
All 7 criteria scored · valuation-related highlighted on this page
Meritage Homes Corporation (MTH) trades at a trailing P/E of 9.9, forward P/E of 11.5. Trailing earnings yield is 10.07%, forward earnings yield 8.68%. PEG 0.42 (Peter Lynch undervalued ≤1.0). Graham Number is $105.08.
Criteria proven by this page:
- VALUE (97/100, Pass) — P/E is below market average (9.9); PEG ≤ 1.0 — Peter Lynch undervalued (0.42); analyst target implies upside (+31%); earnings yield beats bond yields (10.07%).
- PEG Ratio 0.42 — below 1.0 suggests the stock is undervalued relative to its earnings growth rate (Peter Lynch criterion).
- Trailing Earnings Yield 10.07% — exceeds typical bond yields (~4.3%), making equity attractive vs fixed income.
- Analyst consensus target $87.33 (+31% upside) — significant upside potential according to Wall Street analysts.
Overall SharesGrow Score: 63/100 with 3/7 criteria passed.
SharesGrow 7-Criteria Score
✓
VALUE
97/100
Price-to-Earnings & upside
Proven by this page
✓
HEALTH
100/100
Debt-to-Equity & liquidity
→ Health
Valuation Snapshot — MTH
Valuation Multiples
P/E (TTM)9.9
Forward P/E11.5
PEG Ratio0.42
Forward PEG0.42
P/B Ratio0.87
P/S Ratio0.78
EV/EBITDA9.6
Per Share Data
EPS (TTM)$6.54
Forward EPS (Est.)$5.78
Book Value / Share$75.02
Revenue / Share$84.59
FCF / Share$1.34
Yields & Fair Value
Earnings Yield10.07%
Forward Earnings Yield8.68%
Dividend Yield2.73%
Graham Number$105.08
SharesGrow IV$34.27 (-48.6%)
Analyst Target$87.33 (+31%)
Historical Valuation
| Year |
P/E (TTM) |
PEG Ratio |
P/B Ratio |
P/S Ratio |
Dividend Yield |
| 2016 |
9.3 |
0.62 |
0.98 |
0.46 |
- |
| 2017 |
14.4 |
-2.99 |
1.31 |
0.64 |
- |
| 2018 |
6.5 |
0.11 |
0.86 |
0.42 |
- |
| 2019 |
9.3 |
0.60 |
1.18 |
0.64 |
- |
| 2020 |
7.4 |
0.10 |
1.33 |
0.69 |
- |
| 2021 |
6.2 |
0.08 |
1.51 |
0.89 |
- |
| 2022 |
3.4 |
0.09 |
0.86 |
0.54 |
- |
| 2023 |
8.6 |
-0.34 |
1.38 |
1.04 |
0.62% |
| 2024 |
7.1 |
0.94 |
1.08 |
0.87 |
1.95% |
| 2025 |
10.3 |
-0.25 |
0.90 |
0.80 |
2.60% |
P/E Ratio & Earnings Yield
Earnings Per Share (EPS) History
| Year |
EPS (Diluted) |
Revenue |
Net Income |
Net Margin |
| 2016 |
$3.55 |
$3.06B |
$149.54M |
4.9% |
| 2017 |
$3.41 |
$3.25B |
$143.26M |
4.4% |
| 2018 |
$5.58 |
$3.54B |
$227.33M |
6.4% |
| 2019 |
$6.42 |
$3.68B |
$249.66M |
6.8% |
| 2020 |
$11.00 |
$4.51B |
$423.48M |
9.4% |
| 2021 |
$19.29 |
$5.15B |
$737.44M |
14.3% |
| 2022 |
$26.74 |
$6.3B |
$992.19M |
15.8% |
| 2023 |
$19.93 |
$6.14B |
$738.75M |
12% |
| 2024 |
$10.72 |
$6.39B |
$786.19M |
12.3% |
| 2025 |
$6.40 |
$5.86B |
$453.01M |
7.7% |
Analyst Estimates
| Year |
EPS (Avg) |
EPS Range |
Revenue (Avg) |
Revenue Range |
Analysts |
| 2026 |
$5.83 |
$5.41 – $6.19 |
$5.77B |
$5.68B – $5.88B |
9 |
| 2027 |
$7.32 |
$5.74 – $8.01 |
$6.3B |
$5.99B – $6.93B |
9 |
| 2028 |
$9.40 |
$8.93 – $9.87 |
$6.67B |
$6.42B – $7.04B |
2 |