P/E ratio for Primoris Services Corporation (PRIM)

P/E ratio history for Primoris Services Corporation from 2008 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
MYR Group MYRG	21.8	-29.39%	🇺🇸 USA
Tutor Perini TPC	-7.03	-122.77%	🇺🇸 USA
MasTec MTZ	-210	-778.57%	🇺🇸 USA
Quanta Services PWR	53.2	72.15%	🇺🇸 USA
KBR KBR	-33.9	-209.73%	🇺🇸 USA
Fluor Corporation FLR	-99.7	-422.72%	🇺🇸 USA
Matrix Service MTRX	-6.44	-120.83%	🇺🇸 USA
Great Lakes Dredge & Dock Corp. GLDD	-13.2	-142.79%	🇺🇸 USA
Sterling Construction STRL	31.4	1.53%	🇺🇸 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.