Construction Partners
ROAD
#4223
Rank
$1.45 B
Marketcap
$27.60
Share price
-1.15%
Change (1 day)
5.18%
Change (1 year)

P/E ratio for Construction Partners (ROAD)

P/E ratio as of January 2023 (TTM): 67.3

According to Construction Partners 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 67.3171. At the end of 2021 the company had a P/E ratio of 86.5.

P/E ratio history for Construction Partners from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202186.5146.63%
202035.174.63%
201920.1115.84%
20189.30

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.