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	-6.43	-106.60%	🇺🇸 USA
KBR KBR	-47.0	-148.32%	🇺🇸 USA
Fluor Corporation FLR	-139	-243.19%	🇺🇸 USA
Sterling Construction STRL	39.2	-59.69%	🇺🇸 USA
AECOM ACM	112	14.82%	🇺🇸 USA
Emcor EME	39.3	-59.61%	🇺🇸 USA
Quanta Services PWR	62.7	-35.55%	🇺🇸 USA
Vulcan Materials VMC	44.0	-54.85%	🇺🇸 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.