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The Company is a publicly held holding company whose subsidiaries engage in the homebuilding and financial services businesses.
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sleepyseth (99.08) Submitted: 11/02/06 2:57 PM : Start Price: $30.37 PHM Score: 27.82
The entire housing industry is going further down and this company is going down with it. I know that the builders and developers claim that they have not overbuilt, but they say that everytime we have a good real estate market, and they all always overbuild and ruin it. On a further not, I know that the PE ratios of these companies look miniscule. But when you consider how much earnings will shrink, the future PE's are actually much higher. Expect more weakness before an improvement.
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