As at Jul 25, 2024, the GVA stock has a PE ratio of 81.95. This is based on the current EPS of $0.81 and the stock price of $66.38 per share. An increase of 35% has been seen in the P/E ratio compared to the average of 60.8 of the last 4 quarters.
The mean historical PE ratio of Granite Construction over the last ten years is 193.88. The current 81.95 PE ratio is 58% 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.
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 |
The current PE ratio of GVA is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
GVA's PE ratio is higher than its peer stocks PWR and VMC. Granite Construction's current PE ratio of 81.95 is above the average of its peers, which is 33.79.
| Stock name | PE ratio | Market cap |
|---|---|---|
| EME EMCOR Group Inc | 20.77 | $16.99B |
| STRL Sterling Construction Co Inc | 23.67 | $3.56B |
| FLR Fluor Corp | 28.18 | $8.25B |
| VMC Vulcan Materials CO | 37.93 | $34.61B |
| KBR Kbr Inc | 45.05 | $8.75B |
| PWR Quanta Services Inc | 48.62 | $37.58B |
| GVA Granite Construction Inc | 84.98 | $3.04B |
| TPC Tutor Perini Corp | N/A | $1.36B |
| ACM Aecom | N/A | $12.28B |
As of Jul 25, 2024, GVA stock has a price to earnings ratio of 81.95.
Over the last 3 years, the average price to earnings ratio for GVA stock is 60.78.
Over the last 5 years, the average price to earnings ratio for GVA stock is 60.78.
Over the last ten years, the quarterly PE ratio reached a historic high of 4,028 in the Dec 2018 quarter.
GVA's current price to earnings ratio is 58% below its 10-year historical average.
GVA's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 81.95 is considered high.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), Granite Construction's stock price is $66.38. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.81. Therefore, Granite Construction's P/E ratio for today is 81.95. PE RATIO(81.95) = STOCK PRICE($66.38) / TTM EPS($0.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.