Primoris Services Corporation
PRIM
#2864
Rank
โ‚ฌ4.42 B
Marketcap
82,37ย โ‚ฌ
Share price
0.55%
Change (1 day)
169.93%
Change (1 year)

P/E ratio for Primoris Services Corporation (PRIM)

P/E ratio as of January 2025 (TTM): 36.2

According to Primoris Services Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.2479. At the end of 2022 the company had a P/E ratio of 8.78.

P/E ratio history for Primoris Services Corporation from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.78-20.58%
202111.1-13.15%
202012.7-7.32%
201913.78.36%
201812.7-34.3%
201719.3-55.98%
201643.841.19%
201531.062.88%
201419.0-18%
201323.271.45%
201213.54.37%
201113.07.51%
201012.121.21%
20099.96-604.76%
2008-1.97

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.7-26.23%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.18-117.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-247-782.27%๐Ÿ‡บ๐Ÿ‡ธ USA
70.9 95.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-41.3-213.93%๐Ÿ‡บ๐Ÿ‡ธ USA
-131-462.63%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.66-121.13%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.7-151.58%๐Ÿ‡บ๐Ÿ‡ธ USA
46.2 27.41%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.