Lennar Corporation

LEN.B Consumer Cyclical Residential Construction

Lennar Corporation’s revenue for fiscal 2025 (year ended November 2025) was $34.2 billion, down 3.54% from fiscal 2024.

Revenue
−8.67%
EPS
−48.0%
Free cash flow
+50.1%
Total debt
+22.0%

Quarter to August 2026, against a year earlier

89.54 0.64 −0.71%
Market cap
$38.8B
P/E
16.9×
Fwd P/E
—
Dividend yield
—
F-score
5/9
Altman Z
4.17
Beneish M
−2.02
Dividend safety
64/100

Lennar Corporation (LEN.B) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Lennar Corporation (LEN.B) trades at a P/B ratio of 1.0×. Over the past ten years it has ranged from 0.4× (March 2020) to 1.7× (August 2024); the current reading is higher than 34% of that period. That is below the Residential Construction industry median of 1.2× and below the Consumer Cyclical sector median of 1.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.4× (6.19%)
FY2024 1.5× 30.45%
FY2023 1.2× 40.24%
FY2022 0.8× (30.70%)
FY2021 1.2× 20.73%
FY2020 1.0× 12.53%
FY2019 0.9× 27.20%
FY2018 0.7× (52.44%)
FY2017 1.4× 48.29%
FY2016 1.0× (28.54%)

Quarterly newest first

Period P/B ratio Change
Aug 2026 0.9× (7.24%)
May 2026 1.0× (15.69%)
Feb 2026 1.2× (18.60%)
Nov 2025 1.4× (0.65%)
43 more quarters

Against its own ten years

Low 0.4× High 1.7×
Ten-year median 1.1×
Current reading's percentile 37

P/B ratio against peers

Company P/B ratio
LEN.B Lennar Corporation 1.0×
LEN Lennar Corporation compare 1.0×
TOL Toll Brothers Inc. compare 1.7×
DHI D.R. Horton, Inc. compare 1.8×
PHM PulteGroup, Inc. compare 1.9×
SKY Champion Homes, Inc. compare 3.2×
CVCO Cavco Industries, Inc. compare 4.4×
NVR NVR, Inc. compare 5.0×
IBP Installed Building Products, Inc. compare 8.4×
Residential Construction industry median 1.2×
Consumer Cyclical sector median 1.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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