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GVA Granite Construction PE ratio, current and historical analysis

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.

GVA PE ratio history

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

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

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

GVA PE vs peers

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

Frequently asked questions

What is Granite Construction's PE ratio?

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

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 60.78.

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 60.78.

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 60% below its 10-year historical average.

Why is Granite Construction's PE ratio so high?

GVA's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 77.59 is considered high.

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 (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.