P/E ratio for Sterling Construction (STRL)
P/E ratio as of June 2024 (TTM): 31.4
According to Sterling Construction's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.4152. At the end of 2022 the company had a P/E ratio of 9.29.
P/E ratio history for Sterling Construction from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.29 | -22.63% |
| 2021 | 12.0 | -2.56% |
| 2020 | 12.3 | 29.55% |
| 2019 | 9.51 | -17.88% |
| 2018 | 11.6 | -69.4% |
| 2017 | 37.9 | -292.44% |
| 2016 | -19.7 | 556.89% |
| 2015 | -3.00 | -75.16% |
| 2014 | -12.1 | 403.64% |
| 2013 | -2.39 | -93.5% |
| 2012 | -36.8 | 665.69% |
| 2011 | -4.81 | -142.77% |
| 2010 | 11.2 | 3.96% |
| 2009 | 10.8 | -19.47% |
| 2008 | 13.4 | -19.39% |
| 2007 | 16.7 | -3.55% |
| 2006 | 17.3 | 45.71% |
| 2005 | 11.9 | 142.07% |
| 2004 | 4.90 | 14.57% |
| 2003 | 4.27 | 61.18% |
| 2002 | 2.65 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Primoris Services Corporation
PRIM | 24.0 | -23.75% | 🇺🇸 USA |
 IES Holdings IESC | 42.6 | 35.61% | 🇺🇸 USA |
 MasTec MTZ | -177 | -662.82% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -14.3 | -145.61% | 🇺🇸 USA |
 Tutor Perini
TPC | -5.51 | -117.54% | 🇺🇸 USA |
 orion-group-holdings
ORN | -17.5 | -155.68% | 🇺🇸 USA |
 Granite Construction
GVA | 69.6 | 121.43% | 🇺🇸 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.