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PRIM Primoris Services PE ratio, current and historical analysis

The PE ratio for Primoris Services stock stands at 20.08 as of Jun 12, 2024. This is calculated based on the TTM EPS of $2.69 and the stock price of $54.02 per share. An increase of 43% has been observed in the PE ratio compared to its average of 14.1 of the past four quarters.

PRIM PE ratio history

How has PRIM's PE ratio performed in the past

Over the last ten years, the average PE ratio of Primoris Services has been 18.28. The current 20.08 price-to-earnings ratio is 10% 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.

Average
18.28
Median
14
Minimum
7.19
Maximum
43.81

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

What is the average PE ratio of PRIM for the past years

PRIM's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
11.46
5-year avg
11.56
10-year avg
18.28
15-year avg
16.65

PRIM PE vs peers

What is PRIM's PE ratio compared to its peers

PRIM's PE ratio is less than its peer stocks PWR and FLR, but it is above GLDD's. Primoris Services's current PE ratio of 20.08 is less than the average of its peers, which is 29.42.

Stock name PE ratio Market cap
GLDD Great Lakes Dredge & Dock CORP 15.58 $615.82M
PRIM Primoris Services Corp 19.98 $2.88B
STRL Sterling Construction Co Inc 24.31 $3.65B
FLR Fluor Corp 25.94 $7.59B
MYRG Myr Group Inc 27.45 $2.39B
PWR Quanta Services Inc 52.41 $40.51B
TPC Tutor Perini Corp N/A $1B
MTZ Mastec Inc N/A $8.69B
KBR Kbr Inc N/A $8.57B
MTRX Matrix Service Co N/A $290.29M

Frequently asked questions

What is Primoris Services's PE ratio?

PRIM's price to earnings ratio is 20.08 as of Jun 12, 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 11.46.

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 11.56.

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 10% 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 (Jun 12, 2024), Primoris Services's share price is $54.02. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.69. Therefore, Primoris Services's price to earnings ratio for today is 20.08. PE RATIO(20.08) = STOCK PRICE($54.02) / TTM EPS($2.69)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.