PRIM Primoris Services PE ratio, current and historical analysis
The PE ratio for Primoris Services stock stands at 27.12 as of Nov 21, 2024. This is calculated based on the TTM EPS of $3.07 and the stock price of $83.26 per share. An increase of 64% has been observed in the PE ratio compared to its average of 16.5 of the past four quarters.
PRIM PE ratio history
Over the last ten years, the average PE ratio of Primoris Services has been 18.2. The current 27.12 price-to-earnings ratio is 49% 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.
Primoris Services PE ratio by year
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 average PE ratio chart
PRIM's current PE ratio is higher than the 3, 5 and 10-year averages.
PRIM PE vs peers
PRIM's PE ratio is less than its peer stocks PWR and MTZ, but it is above KBR's and GLDD's. Primoris Services's current PE ratio of 27.12 is less than the average of its peers, which is 39.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GLDD Great Lakes Dredge & Dock CORP | 13.84 | $828.79M |
| KBR Kbr Inc | 25.41 | $8.03B |
| PRIM Primoris Services Corp | 27.12 | $4.47B |
| STRL Sterling Construction Co Inc | 32.96 | $6.06B |
| PWR Quanta Services Inc | 61.48 | $50.19B |
| MYRG Myr Group Inc | 64.01 | $2.38B |
| MTZ Mastec Inc | 124.61 | $11.26B |
| FLR Fluor Corp | 390.86 | $9.39B |
| TPC Tutor Perini Corp | N/A | $1.5B |
| MTRX Matrix Service Co | N/A | $364.83M |
Frequently asked questions
What is Primoris Services's PE ratio?
PRIM's price to earnings ratio is 27.12 as of Nov 21, 2024.
What is the 3-year average PE ratio for Primoris Services (PRIM)?
The average PE ratio for PRIM stock over the past 3 years is 12.55.
What is the 5-year average PE ratio for Primoris Services (PRIM)?
The average PE ratio for PRIM stock over the past 5 years is 12.17.
What is the highest PE ratio for PRIM?
Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 43.81.
How does the current PE ratio for PRIM compare to its historical average?
The current PE ratio of PRIM is 49% higher than the 10-year historical average.
How is PRIM's PE ratio calculated (Primoris Services PE ratio formula)?
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 (Nov 21, 2024), Primoris Services's share price is $83.26. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $3.07. Therefore, Primoris Services's price to earnings ratio for today is 27.12. PE RATIO(27.12) = STOCK PRICE($83.26) / TTM EPS($3.07)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.