DR Horton Inc

NYSE DHI

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DR Horton Inc Price to Tangible Book Ratio (P/TB) on June 03, 2024: 2.07

DR Horton Inc Price to Tangible Book Ratio (P/TB) is 2.07 on June 03, 2024, a 10.07% change year over year. The price to tangible book ratio compares the market price per share of a company's stock to its tangible book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus goodwill and intangible assets, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's tangible assets relative to its market price. A higher ratio suggests that investors are willing to pay a higher price for each unit of tangible book value, indicating positive market sentiment.

DR Horton Inc 52-week high Price to Tangible Book Ratio (P/TB) is 2.37 on March 27, 2024, which is 14.39% above the current Price to Tangible Book Ratio (P/TB).
DR Horton Inc 52-week low Price to Tangible Book Ratio (P/TB) is 1.72 on September 27, 2023, which is -17.12% below the current Price to Tangible Book Ratio (P/TB).
DR Horton Inc average Price to Tangible Book Ratio (P/TB) for the last 52 weeks is 2.06.

NYSE: DHI

DR Horton Inc

CEO	Mr. Donald R. Horton
IPO Date	June 5, 1992
Location	United States
Headquarters	1341 Horton Circle, Arlington, TX, United States, 76011
Employees	13,450
Sector	Consumer Cyclical
Industry	Residential construction

Description

D.R. Horton, Inc. operates as a homebuilding company in East, North, Southeast, South Central, Southwest, and Northwest regions in the United States. It engages in the acquisition and development of land; and construction and sale of residential homes in 118 markets across 33 states under the names of D.R. Horton, America's Builder, Express Homes, Emerald Homes, and Freedom Homes. The company constructs and sells single-family detached homes; and attached homes, such as townhomes, duplexes, and triplexes. It also provides mortgage financing services; and title insurance policies, and examination and closing services, as well as engages in the residential lot development business. In addition, the company develops, constructs, owns, leases, and sells multi-family and single-family rental properties; and owns non-residential real estate, including ranch land and improvements. It primarily serves homebuyers. D.R. Horton, Inc. was founded in 1978 and is headquartered in Arlington, Texas.

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