LGI Homes, Inc. (LGIH)

Operative Builders

Latest Price

$50.78

TTM P/E

17.88

Normalized P/E

5.84

Div Yield

Book Value

91.96

P/B Ratio

0.55

Valuation metrics

EPS: $3.12

Book value / share: $90.62

Formula: √(22.5 × EPS × BVPS)

Graham Number

$79.76

+57% upside

Norm. op. income: $233M (median of 7yr)

Tax rate: 23%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$8.71

83% downside

EPS: $3.12

Target P/E: 6×

Formula: EPS × P/E

P/E Fair Value

$18.72

63% downside

86.7% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	3.56M	$226.0M	15.32%	+125.3K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	1.29M	$82.0M	5.56%	+18.7K	2026-06-30
STATE STREET CORP	1.21M	$76.0M	5.19%	-33.3K	2026-06-30
Atlas FRM LLC	967.0K	$61.0M	4.16%	+327.0K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	883.3K	$56.0M	3.80%	+14.4K	2026-06-30
CDAM (UK) Ltd	725.5K	$46.0M	3.12%	-174.8K	2026-06-30
DIMENSIONAL FUND ADVISORS LP	723.5K	$46.0M	3.11%	-359.3K	2026-06-30
Altshuler Shaham Ltd	714.3K	$45.0M	3.07%	-373.0K	2026-06-30
GOLDMAN SACHS GROUP INC	666.5K	$42.0M	2.87%	+8.3K	2026-06-30
CITADEL ADVISORS LLC	638.5K	$40.0M	2.75%	+573.0K	2026-06-30