As of Jul 25, 2024, the Construction Partners stock's P/E ratio is 49.69. This takes into account the latest EPS of $1.19 and stock price of $59.13. The PE ratio has increased by 12% from its last 4 quarters average of 44.4.
The PE ratio of Construction Partners has averaged 43.03 over the last seven years. The current price-to-earnings ratio of 49.69 is 15% more than the historical average. Analyzing the last seven years, ROAD's PE ratio reached its highest point in the Mar 2022 quarter at 100.69, when the price was $26.18 and the EPS was $0.26. The lowest point was recorded in the Dec 2018 quarter, when it reached 9.29 with a price of $8.83 and an EPS of $0.95.
Maximum annual increase: 266.74% in 2021
Maximum annual decrease: -39.86% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 38.48 | -39.86% |
| 2022 | 63.98 | -25.22% |
| 2021 | 85.56 | 266.74% |
| 2020 | 23.33 | 25.77% |
| 2019 | 18.55 | 70.18% |
| 2018 | 10.9 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
The current PE ratio of ROAD is under its 3 and 5-year averages.
When compared to its peer stock STRL, ROAD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STRL Sterling Construction Co Inc | 23.66 | $3.56B |
| ROAD Construction Partners Inc | 52.74 | $3.32B |
As of Jul 25, 2024, ROAD stock has a price to earnings ratio of 49.69.
The average PE ratio for ROAD stock over the past 3 years is 66.0.
The average PE ratio for ROAD stock over the past 5 years is 50.8.
Over the last seven years, the quarterly PE ratio reached its highest level at 100.69 in the Mar 2022 quarter.
ROAD's price to earnings ratio is currently 15% above its 7-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 25, 2024), Construction Partners's share price is $59.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.19. Therefore, Construction Partners's price to earnings ratio for today is 49.69. PE RATIO(49.69) = STOCK PRICE($59.13) / TTM EPS($1.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.