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MYR GroupFRA:MYP +0.42%83 Forward PE Ratio is 34.71 as of Jul. 22, 2026. GuruFocus rates FRA:MYP with a GF Score™ of 83/100 and a GF Value™ of €154.81 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 641 Construction companies, MYR Group ranks worse than 91.73% on this metric.
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
MYR Group Forward PE Ratio Related Terms
MYR Group Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for MYR Group's Forward 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.
MYR Group Forward PE Ratio Chart
MYR Group Annual Data
Trend
2015-12
2016-12
2024-12
2025-12
Forward PE Ratio
14.79
22.83
25.41
25.34
MYR Group Quarterly Data
2015-12
2016-03
2016-06
2016-09
2016-12
2017-03
2017-06
2017-09
2018-03
2018-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
14.79
14.90
20.41
19.31
22.83
24.75
18.25
16.75
17.39
17.42
25.41
18.18
25.98
23.15
25.34
30.04
FRA:MYP vs FLR, TTEK, ACA: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, MYR Group's Forward PE Ratio, along with its competitors' market caps and Forward 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.
MYR Group Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, MYR Group's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where MYR Group's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
MYR Group (FRA:MYP) has a Forward PE Ratio of 34.71 as of Jul. 22, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MYR Group and its competitors. According to the industry distribution chart, MYR Group ranks #588 out of 641 companies in the Construction industry, placing it in the top 91.7%.
Is MYR Group's Forward PE Ratio too high?
MYR Group's current Forward PE Ratio is 34.71. The Construction industry median Forward PE Ratio is 13.90. MYR Group's value of 34.71 is 149.7% above this industry median. Based on the distribution chart, MYR Group ranks #588 out of 641 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, MYR Group has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Forward PE Ratio compare to FLR and TTEK?
According to the Construction industry distribution chart, MYR Group ranks #588 out of 641 companies for Forward PE Ratio. This places MYR Group in the lower half of its industry. The industry median Forward PE Ratio is 13.90. MYR Group's value of 34.71 is 149.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Construction company?
The median Forward PE Ratio among Construction companies is 13.90, based on 641 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MYR Group's current Forward PE Ratio of 34.71 is 149.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on MYR Group and its competitors. For the Construction industry, the median Forward PE Ratio is 13.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Forward PE Ratio is 34.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MYR Group stock overvalued right now?
Based on GuruFocus' analysis, MYR Group (FRA:MYP) is currently considered Significantly Overvalued. The stock's GF Value™ is €154.81, compared to a current price of €338.00 — trading 118.3% above its estimated fair value. The current Forward PE Ratio is 34.71 and 149.7% above the Construction industry median of 13.90. MYR Group's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For MYR Group (FRA:MYP), the current Forward PE Ratio is 34.71 as of Jul. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is MYR Group (FRA:MYP) Overvalued in 2026?
Based on GuruFocus' analysis, MYR Group stock appears to be overvalued.
The current stock price of €338.00 is trading 118.3% above its estimated GF Value™ of €154.81.
GuruFocus considers MYR Group to be Significantly Overvalued.
Key valuation signals for FRA:MYP:
Forward PE Ratio: 34.71
GF Value™: €154.81 vs. price of €338.00 (118.3% above fair value)
Industry Position: 149.7% above the Construction median (#588 of 641)
No single metric tells the full story. See the FRA:MYP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MYR Group Inc is a U.S. based holding company of specialty electrical construction service providers. Through its subsidiaries, it serves electric utility, commercial, and industrial construction markets in the United States and Canada, offering services such as design, engineering, procurement, construction, upgrades, maintenance, and repair, with a focus on construction, maintenance, and repair work. The company operates through two segments: Transmission and Distribution (T&D) and Commercial and Industrial (C&I). The majority of revenue is derived from the T&D segment, which provides a range of services on electric transmission and distribution networks and substation facilities, which include design, engineering, procurement, construction, upgrade and maintenance and repair services.
83GF Score
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