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 |
|---|---|---|
| 2024 | 80.0 | 201.4% |
| 2023 | 26.5 | 43.54% |
| 2022 | 18.5 | |
| 2020 | 17.0 | 18.59% |
| 2019 | 14.4 | -3.17% |
| 2018 | 14.8 | -46.06% |
| 2017 | 27.5 | -5.18% |
| 2016 | 29.0 | 87.04% |
| 2015 | 15.5 | -1.59% |
| 2014 | 15.7 |
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% | 🇺🇸 USA |
 Matrix Service MTRX | -15.7 | -120.51% | 🇺🇸 USA |
 Quanta Services
PWR | 57.2 | -25.36% | 🇺🇸 USA |
 Dycom Industries DY | 29.2 | -61.87% | 🇺🇸 USA |
 MasTec MTZ | 59.4 | -22.48% | 🇺🇸 USA |
 Tetra Tech
TTEK | 49.9 | -34.81% | 🇺🇸 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.