The PE ratio for Primoris Services stock stands at 19.31 as of May 1, 2024. This is calculated based on the TTM EPS of $2.37 and the stock price of $45.76 per share. An increase of 54% has been observed in the PE ratio compared to its average of 12.5 of the past four quarters.
Over the last ten years, the average PE ratio of Primoris Services has been 18.34. The current 19.31 price-to-earnings ratio is 5% more than the historical average. Analyzing the last ten years, PRIM's PE ratio reached its highest point in the Dec 2016 quarter at 43.81, with a price of $22.78 and an EPS of $0.52. The Sep 2022 quarter saw the lowest point at 7.19, with a price of $16.25 and an EPS of $2.26.
Maximum annual increase: 62.89% in 2015
Maximum annual decrease: -55.99% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 14.01 | 59.57% |
| 2022 | 8.78 | -19.82% |
| 2021 | 10.95 | -13.92% |
| 2020 | 12.72 | -7.36% |
| 2019 | 13.73 | 8.37% |
| 2018 | 12.67 | -34.28% |
| 2017 | 19.28 | -55.99% |
| 2016 | 43.81 | 41.19% |
| 2015 | 31.03 | 62.89% |
| 2014 | 19.05 | -17.39% |
PRIM's current PE ratio is higher than the 3, 5 and 10-year averages.
PRIM's PE ratio is below its peer stocks PWR and FLR. Primoris Services's current PE ratio of 19.31 is less than the average of its peers, which is 33.68.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PRIM Primoris Services Corp | 19.31 | $2.45B |
| STRL Sterling Construction Co Inc | 21.99 | $3.07B |
| MYRG Myr Group Inc | 31.76 | $2.76B |
| GLDD Great Lakes Dredge & Dock CORP | 32.57 | $455.7M |
| PWR Quanta Services Inc | 49.9 | $37.31B |
| FLR Fluor Corp | 73.47 | $6.89B |
| TPC Tutor Perini Corp | N/A | $876.81M |
| MTZ Mastec Inc | N/A | $7.01B |
| KBR Kbr Inc | N/A | $8.8B |
| MTRX Matrix Service Co | N/A | $304.17M |
PRIM's price to earnings ratio is 19.31 as of May 1, 2024.
The average PE ratio for PRIM stock over the past 3 years is 11.06.
The average PE ratio for PRIM stock over the past 5 years is 11.33.
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 43.81.
The current PE ratio of PRIM is 5% higher than the 10-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (May 1, 2024), Primoris Services's share price is $45.76. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $2.37. Therefore, Primoris Services's price to earnings ratio for today is 19.31. PE RATIO(19.31) = STOCK PRICE($45.76) / TTM EPS($2.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.