Eagle Materials P/E Ratio

Eagle Materials posts a P/E ratio of 16.28. That is below the Materials sector average of 24.82. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

For Materials stocks, a P/E ratio near 24.82 is typical. Eagle Materials's 16.28 is lower that level. That is roughly 34.4% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Eagle Materials's P/E ratio of 16.28 comes from dividing a price-based measure by a related financial statistic. Changes can come from the stock price moving, the underlying fundamental shifting, or both. Track both the level and the trend — a rising multiple on falling fundamentals is a different story than a rising multiple on rising earnings.

Context for EXP's P/E ratio usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 24.82), and (3) consistency with growth and profitability. This page covers the first two; Eagle Materials's other metric pages and overview cover the third.

Judging Eagle Materials against Materials peers is usually better than using a market-wide rule of thumb. Business models inside Materials are more comparable, which makes gaps in P/E ratio easier to interpret. Start with 16.28 here, then scan peer and history charts to see if the gap is persistent.