Equity

Is LENNAR CORP /NEW/ (LEN) undervalued?

$79.99+0.49% todayNYSE · USD · last traded 2026-09-14 17:04 UTC

LENNAR CORP /NEW/ trades on a P/E of 10.02 against earnings growth of -20.2% a year over the last 3 years, giving a PEG ratio of —.

Earnings figures are measured from LEN’s filed annual accounts, not estimated. PEG compares price to earnings growth alone — it says nothing about debt, cash generation, or what an acquirer would pay. Read it alongside the figures below rather than on its own.

PEG

Not available — requires positive earnings and a growth estimate.

P/E ratio10.02
earnings growth (3-year CAGR)-20.2%
PEG ratio
Measured from LEN's filed annual accounts. Trailing, not forecast.
01

What it would cost to buy LEN

Enterprise value is what it would cost to take the whole company: every share at today’s price, plus the debt an acquirer assumes, less the cash they receive. For LENNAR CORP /NEW/ that is $24.32B.

Every term below is a line item from a filed statement. The numbers beside each one open the filing it came from — balance-sheet figures arrive already scaled, so there is no “in thousands” to catch you out.

257.7M shares · weighted-average basic

market capitalisation$20.62B
total debt$5.87B
cash & equivalents$2.17B
enterprise value$24.32B
Cash as reported to 2026-05-31; debt to 2025-11-30 — the two are not from the same balance sheet.
Enterprise-value multiples for LENNAR CORP /NEW/
MeasureValue
Diluted earnings per shareto 2025-11-30$7.98
P/E ratioto 2025-11-3010.0
Earnings growth (3-year CAGR)to 2025-11-30−20.2%
PEG ratio
Market capitalisationto 2025-11-30$20.62B
Total debtto 2025-11-30$5.87B
Net debtto 2026-05-31$3.70B
Enterprise valueto 2026-05-31$24.32B
EBITDAto 2020-11-30$3.58B
Free cash flowto 2020-11-30$4.12B
EV / EBITDAto 2020-11-306.8×
EV / Salesto 2020-11-301.1×
Free cash flow yieldto 2020-11-3020.0%
Net debt / EBITDAto 2020-11-301.0×
Return on capital employedto 2020-11-3012.7%

Earnings growth is measured across LENNAR CORP /NEW/’s own filed annual accounts. PEG conventionally uses forecast growth from analyst estimates; filings contain only history, so this is trailing growth and will read differently from a PEG quoted elsewhere.

Not shown, and why

PEG ratio
earnings shrank over the period measured, so dividing the P/E by growth has no meaning.
02

Against the sector

No sector comparison: fewer than four companies in the reference set share LEN’s industry classification.

03

Market ratios

Price-based ratios from market data. Anything drawn from a filed statement is in the enterprise-value section above, with its source.

Valuation and financial-health metrics for LENNAR CORP /NEW/ (LEN)
MetricValue
Price$79.99
PEGY ratio
Dividend yield2.50%
Price / book
Price / sales
Return on equity7.2%
Profit margin
Operating margin
Debt / equity27.80
Current ratio
Beta1.38
52-week range$76.63 – $139.44

Not reported for LEN: pegy ratio, price / book, price / sales, profit margin, operating margin, current ratio. A dash means the figure was not available from the source, not that it is zero.

04

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05

About LEN’s valuation

What is the PEG ratio for LENNAR CORP /NEW/ (LEN)?
LENNAR CORP /NEW/ has a PEG ratio of —, from a P/E of 10.02 and earnings growth of -20.2% a year measured across 3 years of filed accounts. Note that PEG is conventionally quoted against forecast growth; this uses reported history, so it will differ from a PEG you see elsewhere.
Is LEN undervalued right now?
That depends on the measure. On PEG, LEN reads —. The PEG ratio compares price to earnings growth alone — it ignores debt, cash generation and asset backing, so it is a starting point rather than a conclusion. The enterprise-value measures above account for debt and cash; they often tell a different story.
What is the PEGY ratio for LEN?
The PEGY ratio for LENNAR CORP /NEW/ is —. PEGY adds the dividend yield of 2.50% to the growth rate in the denominator, which gives a fairer reading of companies returning cash as income rather than growth.
Where do these LEN figures come from?
Market price and capitalisation come from live market data; earnings, growth and dividend figures come from LENNAR CORP /NEW/'s published financial statements. Every derived ratio on this page shows the arithmetic that produced it.

This page describes published financial data. It is not investment advice and makes no recommendation to buy or sell LEN.