GVA Granite Construction PE ratio, current and historical analysis
As at Nov 21, 2024, the GVA stock has a PE ratio of 38.67. This is based on the current EPS of $2.54 and the stock price of $98.21 per share. A decrease of 16% 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 38.67 PE ratio is 79% 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 ACM's. Granite Construction's current PE ratio of 38.67 is comparable to the average of its peer group, which is 38.06.
| Stock name | PE ratio | Market cap |
|---|---|---|
| KBR Kbr Inc | 25.41 | $8.03B |
| EME EMCOR Group Inc | 26.65 | $24.24B |
| STRL Sterling Construction Co Inc | 32.96 | $6.06B |
| ACM Aecom | 37.9 | $14.91B |
| GVA Granite Construction Inc | 38.67 | $4.29B |
| VMC Vulcan Materials CO | 43.93 | $37.13B |
| PWR Quanta Services Inc | 61.48 | $50.19B |
| FLR Fluor Corp | 390.86 | $9.39B |
| TPC Tutor Perini Corp | N/A | $1.5B |
Frequently asked questions
What is Granite Construction's PE ratio?
As of Nov 21, 2024, GVA stock has a price to earnings ratio of 38.67.
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 79% 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 (Nov 21, 2024), Granite Construction's stock price is $98.21. 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 38.67. PE RATIO(38.67) = STOCK PRICE($98.21) / TTM EPS($2.54)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.