Granite Construction
GVA
#3412
Rank
$3.17 B
Marketcap
$73.14
Share price
1.87%
Change (1 day)
35.42%
Change (1 year)

P/E ratio for Granite Construction (GVA)

P/E ratio as of March 2025 (TTM): 82.2

According to Granite Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 82.1798. At the end of 2022 the company had a P/E ratio of 17.4.

P/E ratio history for Granite Construction from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.4-90.53%
2021184-2300.94%
2020-8.37-60.66%
2019-21.3-144.92%
201847.428.5%
201736.9-3.45%
201638.236.19%
201528.0-52.79%
201459.4-257.94%
2013-37.6-229.78%
201229.060.06%
201118.1-204.96%
2010-17.3-197.38%
200917.729.05%
200813.74.35%
200713.2-48.49%
200625.545.82%
200517.5-7.8%
200419.022.14%
200315.622.44%
200212.7-33.52%
200119.1

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-6.21-107.56%๐Ÿ‡บ๐Ÿ‡ธ USA
-35.1-142.69%๐Ÿ‡บ๐Ÿ‡ธ USA
-93.6-213.90%๐Ÿ‡บ๐Ÿ‡ธ USA
29.5-64.13%๐Ÿ‡บ๐Ÿ‡ธ USA
97.5 18.69%๐Ÿ‡บ๐Ÿ‡ธ USA
33.1-59.68%๐Ÿ‡บ๐Ÿ‡ธ USA
51.7-37.11%๐Ÿ‡บ๐Ÿ‡ธ USA
36.6-55.49%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.