P/E ratio for Primoris Services Corporation (PRIM)
P/E ratio as of July 2025 (TTM): 24.2
According to Primoris Services Corporation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.201. At the end of 2024 the company had a P/E ratio of 22.7.
P/E ratio history for Primoris Services Corporation from 2008 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 22.7 | 61.58% |
| 2023 | 14.1 | 60.35% |
| 2022 | 8.78 | -20.58% |
| 2021 | 11.1 | -13.15% |
| 2020 | 12.7 | -7.32% |
| 2019 | 13.7 | 8.36% |
| 2018 | 12.7 | -34.3% |
| 2017 | 19.3 | -55.98% |
| 2016 | 43.8 | 41.19% |
| 2015 | 31.0 | 62.88% |
| 2014 | 19.0 | |
| 2011 | 13.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 MYR Group MYRG | 90.5 | 273.87% | 🇺🇸 USA |
 Tutor Perini
TPC | -16.3 | -167.30% | 🇺🇸 USA |
 MasTec MTZ | 68.4 | 182.83% | 🇺🇸 USA |
 Quanta Services
PWR | 65.2 | 169.56% | 🇺🇸 USA |
 KBR
KBR | 15.6 | -35.64% | 🇺🇸 USA |
 Fluor Corporation
FLR | 19.7 | -18.54% | 🇺🇸 USA |
 Matrix Service MTRX | -19.5 | -180.70% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | 11.1 | -54.27% | 🇺🇸 USA |
 Sterling Infrastructure STRL | 30.5 | 26.00% | 🇺🇸 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.