|Bid||0.00 x 800|
|Ask||0.00 x 1800|
|Day's Range||19.65 - 20.51|
|52 Week Range||5.89 - 22.17|
|Beta (5Y Monthly)||1.49|
|PE Ratio (TTM)||9.22|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Right now, Tri Pointe Homes Inc. (NYSE:TPH) share price is at $19.10, after a 2.14% gain. Moreover, over the past month, the stock fell by 10.45%, but in the past year, increased by 6.64%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is performing up to par in the current session. Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently under from its 52 week high by 13.85%. The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings. View more earnings on TPH Most often, an industry will prevail in a particular phase of a business cycle, than other industries. Tri Pointe Homes Inc. has a lower P/E than the aggregate P/E of 20.31 of the Household Durables industry. Ideally, one might believe that the stock might perform worse than its peers, but it's also probable that the stock is undervalued. There are many limitations to P/E ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings. See more from BenzingaClick here for options trades from BenzingaRecap: Tri Pointe Homes Q4 EarningsEarnings Scheduled For February 18, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Image source: The Motley Fool. TRI Pointe Group Inc (NYSE: TPH)Q4 2020 Earnings CallFeb 18, 2021, 10:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGreetings, and welcome to the Tri Pointe Homes Fourth Quarter 2020 Earnings Call.