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As of today (2024-05-05), Primoris Services's current share price is $47.30. Primoris Services's E10 for the quarter that ended in Dec. 2023 was $1.85. Primoris Services's Shiller PE Ratio for today is 25.57.
The historical rank and industry rank for Primoris Services's Shiller PE Ratio or its related term are showing as below:
During the past years, Primoris Services's highest Shiller PE Ratio was 47.98. The lowest was 9.56. And the median was 18.67.
PRIM's Shiller PE Ratio is ranked worse thanE10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.
Primoris Services's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.690. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $1.85 for the trailing ten years ended in Dec. 2023.
The historical data trend for Primoris Services's Shiller PE Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Primoris Services Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Shiller PE Ratio | Get a 7-Day Free Trial | 12.64 | 14.15 | 16.98 | 17.75 | 17.95 |
For the Engineering & Construction subindustry, Primoris Services's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Construction industry and Industrials sector, Primoris Services's Shiller PE Ratio distribution charts can be found below:
* The bar in red indicates where Primoris Services's Shiller PE Ratio falls into.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.
Primoris Services's Shiller PE Ratio for today is calculated as
Shiller PE Ratio | = | Share Price | / | E10 |
= | 47.30 | / | 1.85 | |
= | 25.57 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Primoris Services's E10 for the quarter that ended in Dec. 2023 is calculated as:
For example, Primoris Services's adjusted earnings per share data for the three months ended in Dec. 2023 was:
Adj_EPS | = | Earnings per Share (Diluted) | / | CPI of Dec. 2023 (Change) | * | Current CPI (Dec. 2023) |
= | 0.69 | / | 129.4194 | * | 129.4194 | |
= | 0.690 |
Current CPI (Dec. 2023) = 129.4194.
Primoris Services Quarterly Data
Earnings per Share (Diluted) | CPI | Adj_EPS | |
201403 | 0.210 | 99.695 | 0.273 |
201406 | 0.310 | 100.560 | 0.399 |
201409 | 0.530 | 100.428 | 0.683 |
201412 | 0.170 | 99.070 | 0.222 |
201503 | 0.030 | 99.621 | 0.039 |
201506 | 0.070 | 100.684 | 0.090 |
201509 | 0.370 | 100.392 | 0.477 |
201512 | 0.240 | 99.792 | 0.311 |
201603 | 0.050 | 100.470 | 0.064 |
201606 | 0.100 | 101.688 | 0.127 |
201609 | 0.090 | 101.861 | 0.114 |
201612 | 0.280 | 101.863 | 0.356 |
201703 | 0.150 | 102.862 | 0.189 |
201706 | 0.420 | 103.349 | 0.526 |
201709 | 0.400 | 104.136 | 0.497 |
201712 | 0.440 | 104.011 | 0.547 |
201803 | 0.010 | 105.290 | 0.012 |
201806 | 0.230 | 106.317 | 0.280 |
201809 | 0.630 | 106.507 | 0.766 |
201812 | 0.630 | 105.998 | 0.769 |
201903 | 0.040 | 107.251 | 0.048 |
201906 | 0.350 | 108.070 | 0.419 |
201909 | 0.700 | 108.329 | 0.836 |
201912 | 0.530 | 108.420 | 0.633 |
202003 | -0.080 | 108.902 | -0.095 |
202006 | 0.680 | 108.767 | 0.809 |
202009 | 0.900 | 109.815 | 1.061 |
202012 | 0.660 | 109.897 | 0.777 |
202103 | 0.120 | 111.754 | 0.139 |
202106 | 0.670 | 114.631 | 0.756 |
202109 | 0.810 | 115.734 | 0.906 |
202112 | 0.540 | 117.630 | 0.594 |
202203 | -0.030 | 121.301 | -0.032 |
202206 | 0.930 | 125.017 | 0.963 |
202209 | 0.800 | 125.227 | 0.827 |
202212 | 0.770 | 125.222 | 0.796 |
202303 | 0.020 | 127.348 | 0.020 |
202306 | 0.720 | 128.729 | 0.724 |
202309 | 0.890 | 129.860 | 0.887 |
202312 | 0.690 | 129.419 | 0.690 |
Add all the adjusted EPS together and divide 10 will get our E10.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.
Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.
Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.
Thank you for viewing the detailed overview of Primoris Services's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Thomas Edward Mccormick | officer: Chief Operating Officer | 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201 |
Stephen C. Cook | director | 7500 SAN FELIPE, STE. 600, HOUSTON TX 77063 |
David Lee King | officer: Chief Operating Officer | 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201 |
John M. Perisich | officer: Senior VP and General Counsel, other: Member - see remark | 26000 COMMERCENTRE DR., LAKE FOREST CA 92630 |
John Schauerman | director, officer: Chief Financial Officer, other: Member - see remark | 26000 COMMERCENTRE DR., LAKE FOREST CA 92630 |
Moreno John F Jr | officer: Chief Operating Officer | C/O PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD ST, SUITE 1900, DALLAS TX 75201 |
Michael E. Ching | director | C/O PRIMORIS SERVICES CORPORATION, 2300 N FIELD STREET, SUITE 1900, DALLAS TX 75201 |
Terry D Mccallister | director | 1100 H ST NW, WASHINGTON DC 20080 |
Jose Ramon Rodriguez | director | PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD STREET, SUITE 1900, DALLAS TX 75201 |
Thomas E. Tucker | director | 3 UPPER NEWPORT PLAZA DRIVE, NEWPORT BEACH CA 92660 |
Patricia K Wagner | director | 1720 NORTH FIRST STREET, SAN JOSE CA 95020 |
Kenneth Morris Dodgen | officer: Corporate Controller | 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201 |
Brian Pratt | director, 10 percent owner, officer: Chairman, CEO & President, other: Member - see remark | 5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225 |
Carla S Mashinski | director | 8200 S. UNIT DRIVE, TULSA OK 74132 |
Travis L Stricker | officer: Chief Accounting Officer | 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380 |
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