ROAD Construction Partners PE ratio, current and historical analysis
As of Nov 21, 2024, the Construction Partners stock's P/E ratio is 70.69. This takes into account the latest EPS of $1.37 and stock price of $96.85. The PE ratio has increased by 71% from its last 4 quarters average of 41.4.
ROAD PE ratio history
The PE ratio of Construction Partners has averaged 42.92 over the last seven years. The current price-to-earnings ratio of 70.69 is 65% 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.
Construction Partners PE ratio by year
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 |
ROAD average PE ratio chart
The current PE ratio of ROAD is higher than the 3 and 5-year averages.
ROAD PE vs peers
When compared to its peer stock STRL, ROAD's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| STRL Sterling Construction Co Inc | 32.96 | $6.06B |
| ROAD Construction Partners Inc | 70.69 | $5.11B |
Frequently asked questions
What is Construction Partners's PE ratio?
As of Nov 21, 2024, ROAD stock has a price to earnings ratio of 70.69.
What is the 3-year average PE ratio for Construction Partners (ROAD)?
The average PE ratio for ROAD stock over the past 3 years is 61.89.
What is the 5-year average PE ratio for Construction Partners (ROAD)?
The average PE ratio for ROAD stock over the past 5 years is 51.95.
What is the highest PE ratio for ROAD?
Over the last seven years, the quarterly PE ratio reached its highest level at 100.69 in the Mar 2022 quarter.
How does the current PE ratio for ROAD compare to its historical average?
ROAD's price to earnings ratio is currently 65% above its 7-year historical average.
Why is Construction Partners's PE ratio so high?
ROAD's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is ROAD's PE ratio calculated (Construction Partners PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Nov 21, 2024), Construction Partners's share price is $96.85. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $1.37. Therefore, Construction Partners's price to earnings ratio for today is 70.69. PE RATIO(70.69) = STOCK PRICE($96.85) / TTM EPS($1.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.