MYR Group
MYRG
#3918
Rank
$2.62 B
Marketcap
$169.34
Share price
0.83%
Change (1 day)
22.25%
Change (1 year)

P/E ratio for MYR Group (MYRG)

P/E ratio as of June 2025 (TTM): 76.6

According to MYR Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 76.5708. At the end of 2024 the company had a P/E ratio of 80.0.

P/E ratio history for MYR Group from 2008 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202480.0201.4%
202326.543.54%
202218.5
202017.018.59%
201914.4-3.17%
201814.8-46.06%
201727.5-5.18%
201629.087.04%
201515.5-1.59%
201415.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Primoris Services Corporation
PRIM
19.3-74.73%๐Ÿ‡บ๐Ÿ‡ธ USA
Matrix Service
MTRX
-15.7-120.51%๐Ÿ‡บ๐Ÿ‡ธ USA
Quanta Services
PWR
57.2-25.36%๐Ÿ‡บ๐Ÿ‡ธ USA
Dycom Industries
DY
29.2-61.87%๐Ÿ‡บ๐Ÿ‡ธ USA
MasTec
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59.4-22.48%๐Ÿ‡บ๐Ÿ‡ธ USA
Tetra Tech
TTEK
49.9-34.81%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.