May 10, 2013 (Fast Lane via COMTEX) -- Below are the three companies in the Homebuilding industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
NVR Inc (NYSE:NVR) is lowest with a PEG ratio of 1.47. NVR, Inc. builds and markets homes and conducts mortgage banking activities. The Company builds single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and other tradenames. NVR provides a number of mortgage related services to its homebuilding customers and to other customers through its mortgage banking operations. NVR Inc share prices have moved between a 52-week high of $1100.00 and a 52-week low of $721.56 and are now trading 39% above that low price at $1002.98 per share. The 200-day and 50-day moving averages have moved 0.42% higher and 0.03% higher over the past week, respectively.
Following is Pulte Homes (NYSE:PHM) with a PEG ratio of 1.86. Finishing up the bottom three is M/I Homes (NYSE:MHO), with a PEG ratio of 1.97. ---------------------------------------------------------------------------------------------
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