Hovnanian Enterprises, Inc. Ratios | P/E, ROE & Valuation

On the Key Ratios page for Hovnanian Enterprises, Inc. (HOV), the latest P/E of 113.2 frames valuation, while ROE 2.19% and ROIC 23.36% indicates profitability and capital efficiency. Together with the current ratio of 2.34 and debt-to-equity 1.14, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

HOV Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$440.31$463.79$442.38$453.97$442.64$378.72$337.96$335.19$414.99$488.16
Net Income per Share$2.82$37.35$33.05$35.03$96.68$8.23$-7.06$0.76$-56.23$-0.50
Operating Cash Flow per Share$34.13$3.65$69.87$13.90$33.44$47.31$-41.74$-11.25$51.05$68.64
Free Cash Flow per Share$30.85$0.89$66.85$11.94$32.49$46.77$-42.41$-12.12$49.95$67.22
Cash per Share$40.28$32.41$69.68$50.68$39.12$42.41$21.95$31.62$79.44$61.50
Book Value per Share$128.03$123.53$93.39$59.51$27.90$-70.46$-82.07$-76.34$-77.93$-22.79
Tangible Book Value per Share$123.09$123.53$93.39$59.51$27.90$-70.46$-82.07$-76.34$-77.93$-22.79
Interest Debt per Share$152.93$161.83$192.15$207.97$230.82$269.84$300.39$281.74$313.91$351.16
CAPEX per Share$3.28$2.76$3.02$1.96$0.95$0.55$0.67$0.87$1.10$1.42

HOV Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)113.164.712.11.150.93.86-3.5547.97-1.08-78
Price to Book (P/B)0.921.430.740.683.14-0.45-0.31-0.48-0.78-1.71
Price to Sales (P/S)0.210.380.160.090.20.080.070.110.150.08
Enterprise Value to EBITDA15.865.484.023.366.1810.4623.1515.7430.422.03
EV to Sales0.450.650.410.420.60.640.850.80.670.64
EV to Operating Cash Flow5.8282.422.6213.697.985.12-6.91-23.935.464.55
EV to Free Cash Flow6.44337.032.7415.938.215.18-6.8-22.215.584.65
Enterprise Value$1.27B$1.95B$1.14B$1.22B$1.68B$1.50B$1.72B$1.60B$1.65B$1.76B

HOV Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)2.19%30.24%35.39%58.87%347.53%-11.66%8.59%-1.00%72.16%2.19%
Return on Invested Capital (ROIC)23.36%104.85%11.93%12.91%47.48%9.36%6.18%4.86%34.12%-6.00%
Return on Tangible Assets0.64%9.29%8.26%8.80%26.19%2.79%-2.24%0.27%-17.48%-0.12%
Earnings Yield2.40%21.22%47.57%86.86%110.72%25.91%-28.14%2.08%-92.94%-1.28%
Free Cash Flow Yield33.14%0.51%96.21%29.61%37.21%147.25%-169.12%-33.21%82.56%172.36%
Dividend Yield0.00%0.94%2.47%4.41%0.15%0.00%0.00%0.00%0.00%0.00%

HOV Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio2.340.813.243.573.063.54.2843.733.49
Interest Coverage12.958.445.127.783.421.350.981.120.851.02
Income Quality12.590.12.110.40.355.755.92-14.78-0.91-137.28
Debt to Equity1.141.271.963.377.85-3.58-3.47-3.46-3.82-14.7
Debt to Assets32.68%39.06%45.85%50.40%59.19%85.71%90.50%94.49%92.44%79.38%
Net Debt to EBITDA8.432.272.52.654.159.0921.1413.6123.819.28

HOV Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover56916.86102.2198.4977.2369.6969.5844.9156.5942.1655.35
Payables Turnover3.165.555.625.185.2613.2712.1313.0416.314.87
Inventory Turnover1.071.461.611.51.791.651.331.552.081.87
Days Sales Outstanding0.013.573.714.735.245.258.136.458.666.59
Days Payables Outstanding115.6865.8164.9470.4769.4127.530.092822.3924.54
Days of Inventory on Hand341.31249.82226.32243.33204.19221.36274.55236.23175.48195.68

HOV Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA15.865.484.023.366.1810.4623.1515.7430.422.03
Market Cap$596.89M$1.14B$432.86M$259.60M$548.98M$196.56M$149.68M$216.83M$357.42M$219.88M
Enterprise Value$1.27B$1.95B$1.14B$1.22B$1.68B$1.50B$1.72B$1.60B$1.65B$1.76B
Dividend Yield0.00%0.94%2.47%4.41%0.15%0.00%0.00%0.00%0.00%0.00%
Payout Ratio58.96%4.41%5.18%5.08%0.13%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

How does Hovnanian Enterprises, Inc.’s P/E ratio compare with its history?

On this page, HOV's current P/E is 113.2, compared with a multi-year average around 24.8. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Hovnanian Enterprises, Inc. market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $596.89M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Hovnanian Enterprises, Inc.’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Hovnanian Enterprises, Inc.'s own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Hovnanian Enterprises, Inc. compare to its competitors in key financial ratios?

The fastest way to compare Hovnanian Enterprises, Inc. with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Hovnanian Enterprises, Inc. outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Hovnanian Enterprises, Inc.'s liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Hovnanian Enterprises, Inc. is financially strong. Current ratio is about 2.34, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 12.95, implying a stronger ability to cover interest expenses. Debt-to-equity is about 1.14, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Hovnanian Enterprises, Inc.'s financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Hovnanian Enterprises, Inc. is sustaining strong returns (for example ROE at 2.19% and ROIC at 23.36%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.