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	-5.43	-105.87%	🇺🇸 USA
KBR KBR	-33.8	-136.50%	🇺🇸 USA
Fluor Corporation FLR	-100	-208.20%	🇺🇸 USA
Sterling Construction STRL	30.5	-67.07%	🇺🇸 USA
AECOM ACM	101	8.69%	🇺🇸 USA
Emcor EME	35.3	-61.84%	🇺🇸 USA
Quanta Services PWR	56.6	-38.80%	🇺🇸 USA
Vulcan Materials VMC	40.6	-56.08%	🇺🇸 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.