MDC Holdings Inc

NYSE MDC

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MDC Holdings Inc Price to Book Ratio (P/B) on April 18, 2024: 1.40

MDC Holdings Inc Price to Book Ratio (P/B) is 1.40 on April 18, 2024, a 53.02% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.
  • MDC Holdings Inc 52-week high Price to Book Ratio (P/B) is 1.43 on March 13, 2024, which is 2.23% above the current Price to Book Ratio (P/B).
  • MDC Holdings Inc 52-week low Price to Book Ratio (P/B) is 0.82 on October 20, 2023, which is -41.25% below the current Price to Book Ratio (P/B).
  • MDC Holdings Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.12.
NYSE: MDC

MDC Holdings Inc

CEO Mr. Larry A. Mizel
IPO Date March 11, 1980
Location United States
Headquarters 4350 South Monaco Street, Denver, CO, United States, 80237
Employees 1,760
Sector Consumer Cyclical
Industry Residential construction
Description

M.D.C. Holdings, Inc., through its subsidiaries, engages in the homebuilding and financial service businesses. Its homebuilding operations include purchasing finished lots or developing lots for the construction and sale primarily of single-family detached homes to first-time and first-time move-up homebuyers under the Richmond American Homes name. The company conducts its homebuilding operations in Arizona, California, Nevada, New Mexico, Oregon, Texas, Washington, Colorado, Idaho, Utah, Alabama, Florida, Maryland, Pennsylvania, Tennessee, and Virginia. Its financial services operations comprise originating mortgage loans primarily for homebuyers; providing insurance coverage primarily to its homebuilding subsidiaries and subcontractors for homes sold by its homebuilding subsidiaries, and for work performed in completed subdivisions; acting as a re-insurer on the claims; selling third-party personal property and casualty insurance products to homebuyers; and offering title agency services to homebuilding subsidiaries and customers in Colorado, Florida, Maryland, Nevada, Pennsylvania, and Virginia. The company was founded in 1972 and is headquartered in Denver, Colorado. As of April 19, 2024, M.D.C. Holdings, Inc. operates as a subsidiary of SH Residential Holdings, LLC.

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StockViz Staff

September 20, 2024

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