GVA
Granite Construction
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: GVA
- PE Ratio
As at Jul 13, 2026, the GVA stock has a PE ratio of 28.14. This is based on the current EPS of $4.22 and the stock price of $118.74 per share. An increase of 6% has been seen in the P/E ratio compared to the average of 26.6 of the last 4 quarters.
GVA PE ratio history
The mean historical PE ratio of Granite Construction over the last ten years is 186.38. The current 28.14 PE ratio is 85% 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 26.1 | -14.29% | $115.35 | $4.42 |
| 2024 | 30.45 | -40.72% | $87.71 | $2.88 |
| 2023 | 51.37 | 173.97% | $50.86 | $0.99 |
| 2022 | 18.75 | -89.34% | $35.07 | $1.87 |
| 2021 | 175.91 | N/A | $38.7 | $0.22 |
| 2020 | N/A | N/A | $26.71 | -$3.18 |
| 2019 | N/A | N/A | $27.67 | -$1.29 |
| 2018 | 4,028 | 5,360.95% | $40.28 | $0.01 |
| 2017 | 73.76 | 93.14% | $63.43 | $0.86 |
| 2016 | 38.19 | 37.08% | $55 | $1.44 |
| 2015 | 27.86 | -52.37% | $42.91 | $1.54 |
| 2014 | 58.49 | N/A | $38.02 | $0.65 |
| 2013 | N/A | N/A | $34.98 | -$0.94 |
| 2012 | 28.74 | 59.93% | $33.62 | $1.17 |
| 2011 | 17.97 | N/A | $23.72 | $1.32 |
Granite Construction PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 28.41 | 8.85% | $119.88 | $4.22 |
| Dec 2025 | 26.1 | -0.72% | $115.35 | $4.42 |
| Sep 2025 | 26.29 | 2.06% | $109.65 | $4.17 |
| Jun 2025 | 25.76 | -3.3% | $93.51 | $3.63 |
| Mar 2025 | 26.64 | -12.51% | $75.4 | $2.83 |
| Dec 2024 | 30.45 | -2.44% | $87.71 | $2.88 |
| Sep 2024 | 31.21 | 2.73% | $79.28 | $2.54 |
| Jun 2024 | 30.38 | -56.93% | $61.97 | $2.04 |
| Mar 2024 | 70.53 | 37.3% | $57.13 | $0.81 |
| Dec 2023 | 51.37 | -28.39% | $50.86 | $0.99 |
| Sep 2023 | 71.74 | 44.26% | $38.02 | $0.53 |
| Jun 2023 | 49.73 | 94.87% | $39.78 | $0.8 |
| Mar 2023 | 25.52 | 36.11% | $41.08 | $1.61 |
| Dec 2022 | 18.75 | -16.56% | $35.07 | $1.87 |
| Sep 2022 | 22.47 | -76.1% | $25.39 | $1.13 |
GVA Price vs fair value
GVA average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of GVA is below the 3, 5 and 10-year averages.
PE comparison
With a P/E of 28.14, GVA is below the Industrials sector, the industry and its peers average. But compared to its Industrials sector average of 29.39, Granite Construction's P/E is only 4.3% lower.
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 ACM's. Granite Construction's current PE ratio of 28.14 is below the average of its peers, which is 31.45.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KBR Kbr Inc | 11.39 | $4.53B |
| ACM Aecom | 17.75 | $8.83B |
| FLR Fluor Corp | 22.46 | $6.93B |
| EME EMCOR Group Inc | 25.59 | $33.99B |
| GVA Granite Construction Inc | 28.14 | $5.19B |
| VMC Vulcan Materials CO | 34.61 | $37.99B |
| TPC Tutor Perini Corp | 50.16 | $3.93B |
| STRL Sterling Construction Co Inc | 58.2 | $20.25B |
| PWR Quanta Services Inc | 87.39 | $97.04B |
Frequently asked questions
What is Granite Construction's PE ratio?
As of Jul 13, 2026, GVA stock has a price to earnings ratio of 28.14.
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 38.08.
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 47.04.
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 85% 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 (Jul 13, 2026), Granite Construction's stock price is $118.74. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $4.22. Therefore, Granite Construction's P/E ratio for today is 28.14. PE RATIO(28.14) = STOCK PRICE($118.74) / TTM EPS($4.22)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.