GVA Granite Construction PEG ratio, current and historical analysis

Granite Construction currently trades with a PE to growth ratio of 0.73, based on Jun 22, 2026 data. Dividing the 35.9 PE ratio by the 49.1% earnings growth rate produces this figure. Relative to the 0.45 average from the past four quarters, the PEG ratio has surged by 61%.

Historically, Granite Construction has a PEG ratio averaging 0.87 across the last ten years. At 0.73, today's PEG ratio sits 16% less than its historical average. The ten years high came in the Mar 2018 quarter at 8.76, reflecting peak valuation relative to growth. The bottom was reached in the Dec 2022 quarter at 0.03, suggesting attractive value relative to growth during that period.

When comparing to historical data, GVA's PEG ratio sits above the 3 and 5-year averages, but it is lower than the 10-year average.

PEG comparison

With a PEG of 0.73, GVA stands lower than the Industrials sector, the industry and its peers average. Looking at the Industrials sector average of 1.13, Granite Construction's PEG is 35% lower.

Relative to its peers, GVA's PEG ratio is lower than PWR's and VMC's yet above TPC's. At 0.73, Granite Construction's PEG ratio is lower than the peer group average of 1.57.