Construction Partners (NAS:ROAD) Forward PE Ratio Explanation
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 .
Construction Partners Forward PE Ratio Related Terms
Construction Partners Forward PE Ratio Historical Data
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The historical data trend for Construction Partners'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.
Construction Partners Forward PE Ratio Chart
Construction Partners Annual Data
Trend
2018-09
2019-09
2020-09
2023-09
2024-09
2025-09
Forward PE Ratio
14.41
14.56
20.24
29.24
37.17
42.45
Construction Partners Quarterly Data
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2023-09
2023-12
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
15.87
14.41
11.14
16.37
14.45
14.56
18.45
16.56
18.55
20.24
29.24
34.01
41.84
25.77
37.17
46.39
34.41
37.83
42.45
39.81
38.46
ROAD vs GVA, ACA, MYRG: Forward PE Ratio Comparison
For the Engineering & Construction subindustry, Construction Partners'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.
Construction Partners Forward PE Ratio vs Construction Industry
For the Construction industry and Industrials sector, Construction Partners's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Construction Partners's Forward PE Ratio falls into.
Construction Partners Forward PE Ratio Calculation
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.
Construction Partners (ROAD) has a Forward PE Ratio of 28.36 as of Jul. 03, 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 Construction Partners and its competitors. According to the industry distribution chart, Construction Partners ranks #539 out of 638 companies in the Construction industry, placing it in the top 84.5%.
Is Construction Partners' Forward PE Ratio too high?
Construction Partners' current Forward PE Ratio is 28.36. The Construction industry median Forward PE Ratio is 14.03. Construction Partners' value of 28.36 is 102.1% above this industry median. Based on the distribution chart, Construction Partners ranks #539 out of 638 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Construction Partners has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Construction Partners' Forward PE Ratio compare to GVA and ACA?
According to the Construction industry distribution chart, Construction Partners ranks #539 out of 638 companies for Forward PE Ratio. This places Construction Partners in the lower half of its industry. The industry median Forward PE Ratio is 14.03. Construction Partners' value of 28.36 is 102.1% 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 14.03, based on 638 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. Construction Partners's current Forward PE Ratio of 28.36 is 102.1% 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 Construction Partners and its competitors. For the Construction industry, the median Forward PE Ratio is 14.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construction Partners's current Forward PE Ratio is 28.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construction Partners stock overvalued right now?
Based on GuruFocus' analysis, Construction Partners (ROAD) is currently considered Modestly Undervalued. The stock's GF Value™ is $121.22, compared to a current price of $107.91 — trading 11% below its estimated fair value. The current Forward PE Ratio is 28.36 and 102.1% above the Construction industry median of 14.03. Construction Partners' overall GF Score™ is 92/100 with 5 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 Construction Partners (ROAD), the current Forward PE Ratio is 28.36 as of Jul. 03, 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 Construction Partners (ROAD) Overvalued in 2026?
Based on GuruFocus' analysis, Construction Partners stock appears to be undervalued.
The current stock price of $107.91 is trading 11% below its estimated GF Value™ of $121.22.
GuruFocus considers Construction Partners to be Modestly Undervalued.
Key valuation signals for ROAD:
Forward PE Ratio: 28.36
GF Value™: $121.22 vs. price of $107.91 (11% below fair value)
Industry Position: 102.1% above the Construction median (#539 of 638)
No single metric tells the full story. See the ROAD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Construction Partners Inc operates as a civil infrastructure company. It specializes in the construction and maintenance of roadways. The company through its subsidiaries, provides various products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential developments. Its operations consist of manufacturing and distributing hot mix asphalt, paving activities, including the construction of roadway base layers and application of asphalt pavement, site development, including the installation of utility and drainage systems, and others. The company has a single segment which predominantly consists of infrastructure and road construction, and operates across various states in the United States.
92GF Score
Get the complete analysis for ROAD
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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