P/E ratio for Granite Construction (GVA)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Tutor Perini TPC	-6.44	-106.24%	🇺🇸 USA
KBR KBR	-39.4	-138.16%	🇺🇸 USA
Fluor Corporation FLR	-141	-236.40%	🇺🇸 USA
Sterling Construction STRL	44.7	-56.65%	🇺🇸 USA
AECOM ACM	114	10.37%	🇺🇸 USA
Emcor EME	41.3	-59.93%	🇺🇸 USA
Quanta Services PWR	69.8	-32.32%	🇺🇸 USA
Vulcan Materials VMC	43.9	-57.43%	🇺🇸 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.