GVA Granite Construction PE ratio, current and historical analysis
As at Dec 20, 2024, the GVA stock has a PE ratio of 35.7. This is based on the current EPS of $2.54 and the stock price of $90.67 per share. A decrease of 22% has been seen in the P/E ratio compared to the average of 45.9 of the last 4 quarters.
GVA PE ratio history
The mean historical PE ratio of Granite Construction over the last ten years is 183.01. The current 35.7 PE ratio is 80% below the historical average. Over the past ten years, GVA's PE ratio was at its highest in the Dec 2018 quarter at 4,028, with a price of $40.28 and an EPS of $0.01. The Dec 2022 quarter recorded the bottom point at 18.75, with a price of $35.07 and an EPS of $1.87.
Granite Construction PE ratio by year
Maximum annual increase: 5,360.95% in 2018
Maximum annual decrease: -89.34% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 51.37 | 173.97% |
| 2022 | 18.75 | -89.34% |
| 2021 | 175.91 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | 4,028 | 5,360.95% |
| 2017 | 73.76 | 93.14% |
| 2016 | 38.19 | 37.08% |
| 2015 | 27.86 | -52.37% |
| 2014 | 58.49 | N/A |
GVA average PE ratio chart
The current PE ratio of GVA is below the 3, 5 and 10-year averages.
GVA PE vs peers
GVA's PE ratio is lower than its peer stocks PWR and VMC, but it is greater than EME's and KBR's. Granite Construction's current PE ratio of 35.7 is comparable to the average of its peer group, which is 35.62.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EME EMCOR Group Inc | 23.56 | $21.43B |
| KBR Kbr Inc | 24.05 | $7.59B |
| STRL Sterling Construction Co Inc | 29.25 | $5.38B |
| GVA Granite Construction Inc | 35.7 | $3.96B |
| ACM Aecom | 36.36 | $14.3B |
| VMC Vulcan Materials CO | 41.11 | $34.75B |
| PWR Quanta Services Inc | 59.39 | $48.48B |
| FLR Fluor Corp | 359.57 | $8.63B |
| TPC Tutor Perini Corp | N/A | $1.34B |
Frequently asked questions
What is Granite Construction's PE ratio?
As of Dec 20, 2024, GVA stock has a price to earnings ratio of 35.7.
What is the 3-year average PE ratio for Granite Construction (GVA)?
Over the last 3 years, the average price to earnings ratio for GVA stock is 56.0.
What is the 5-year average PE ratio for Granite Construction (GVA)?
Over the last 5 years, the average price to earnings ratio for GVA stock is 56.16.
What is the highest PE ratio for GVA?
Over the last ten years, the quarterly PE ratio reached a historic high of 4,028 in the Dec 2018 quarter.
How does the current PE ratio for GVA compare to its historical average?
GVA's current price to earnings ratio is 80% below its 10-year historical average.
How is GVA's PE ratio calculated (Granite Construction PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), Granite Construction's stock price is $90.67. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.54. Therefore, Granite Construction's P/E ratio for today is 35.7. PE RATIO(35.7) = STOCK PRICE($90.67) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.