Back to GVA overview
#
GVA Granite Construction
PE ratio, current and historical analysis

## GVA PE ratio history

### Granite Construction PE ratio by year

## GVA average PE ratio chart

## GVA PE vs peers

## Frequently asked questions

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What is Granite Construction's PE ratio?

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What is the 3-year average PE ratio for Granite Construction (GVA)?

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What is the 5-year average PE ratio for Granite Construction (GVA)?

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What is the highest PE ratio for GVA?

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How does the current PE ratio for GVA compare to its historical average?

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Why is Granite Construction's PE ratio so high?

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How is GVA's PE ratio calculated (Granite Construction PE ratio formula)?

As at Jun 18, 2024, the GVA stock has a PE ratio of 77.59. This is based on the current EPS of $0.81 and the stock price of $62.85 per share. An increase of 28% has been seen in the P/E ratio compared to the average of 60.8 of the last 4 quarters.

How has GVA's PE ratio performed in the past

The mean historical PE ratio of Granite Construction over the last ten years is 193.88. The current 77.59 PE ratio is 60% 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.

Average

193.88

Median

45.11

Minimum

18.75

Maximum

4,028

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 |

What is the average PE ratio of GVA for the past years

The current PE ratio of GVA is greater than its 3 and 5-year historical averages, but it is below the 10-year average.

3-year avg

60.78

5-year avg

60.78

10-year avg

193.88

15-year avg

145.7

What is GVA's PE ratio compared to its peers

GVA's PE ratio is higher than its peer stocks PWR and VMC. Granite Construction's current PE ratio of 77.59 is above the average of its peers, which is 33.47.

Stock name | PE ratio | Market cap |
---|---|---|

STRL Sterling Construction Co Inc | 25.19 | $3.79B |

EME EMCOR Group Inc | 25.32 | $18.13B |

FLR Fluor Corp | 26.52 | $7.76B |

VMC Vulcan Materials CO | 37.04 | $33.81B |

PWR Quanta Services Inc | 53.26 | $41.16B |

GVA Granite Construction Inc | 77.59 | $2.77B |

TPC Tutor Perini Corp | N/A | $1.14B |

KBR Kbr Inc | N/A | $8.6B |

ACM Aecom | N/A | $12.04B |

As of Jun 18, 2024, GVA stock has a price to earnings ratio of 77.59.

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 60% 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 77.59 is considered high.

To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jun 18, 2024), Granite Construction's stock price is $62.85. 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 77.59. `PE RATIO(77.59) = STOCK PRICE($62.85) / TTM EPS($0.81)`

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.