MYRG (MYR Group) Shiller PE Ratio: 61.95 (As of Sep. 09, 2026) — 79% Above Median

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MYRG MYR Group Inc MYRG
91 GF Score
Price $286.84
GF Value $198.35
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MYR Group Shiller PE Ratio?

MYR Group MYRG -0.37% 91 Shiller PE Ratio is 61.95 as of Sep. 09, 2026, which is 79% above its 10-year median of 34.61. GuruFocus rates MYRG with a GF Score™ of 91/100 and a GF Value™ of $198.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,041 Construction companies, MYR Group ranks worse than 89.34% on this metric.

As of today (2026-09-09), MYR Group's current share price is $286.84. MYR Group's E10 for the quarter that ended in Jun. 2026 was $4.63. MYR Group's Shiller PE Ratio for today is 61.95.

The historical rank and industry rank for MYR Group's Shiller PE Ratio or its related term are showing as below:

MYRG' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.56   Med: 34.61   Max: 110.89
Current: 61.95

During the past years, MYR Group's highest Shiller PE Ratio was 110.89. The lowest was 12.56. And the median was 34.61.

MYRG's Shiller PE Ratio is ranked worse than
89.34% of 1041 companies
in the Construction industry
Industry Median: 16.99 vs MYRG: 61.95

E10 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.

MYR Group's adjusted earnings per share data for the three months ended in Jun. 2026 was $3.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.63 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


MYR Group  (NAS:MYRG) Shiller PE Ratio Explanation

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.


Be Aware

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.


MYR Group Shiller PE Ratio Related Terms


MYR Group Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for MYR Group'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.

MYR Group Shiller PE Ratio Chart

MYR Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.77 32.82 44.75 45.30 55.32

MYR Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.75 55.25 55.32 65.50 108.01

MYRG vs TPC, KBR, LGN: Shiller PE Ratio Comparison

For the Engineering & Construction subindustry, MYR Group'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.


MYR Group Shiller PE Ratio vs Construction Industry

For the Construction industry and Industrials sector, MYR Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where MYR Group's Shiller PE Ratio falls into.


MYRG
91GF Score
MYR Group Inc MYRG
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MYR Group Shiller PE Ratio Calculation

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.

MYR Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=286.84/4.63
=61.95

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, MYR Group's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.17/333.9520*333.9520
=3.170

Current CPI (Jun. 2026) = 333.9520.

MYR Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.380 241.428 0.526
201612 0.480 241.432 0.664
201703 0.070 243.801 0.096
201706 0.070 244.955 0.095
201709 0.310 246.819 0.419
201712 0.820 246.524 1.111
201803 0.340 249.554 0.455
201806 0.410 251.989 0.543
201809 0.480 252.439 0.635
201812 0.640 251.233 0.851
201903 0.440 254.202 0.578
201906 0.430 256.143 0.561
201909 0.620 256.759 0.806
201912 0.760 256.974 0.988
202003 0.590 258.115 0.763
202006 0.800 257.797 1.036
202009 1.020 260.280 1.309
202012 1.070 260.474 1.372
202103 1.170 264.877 1.475
202106 1.240 271.696 1.524
202109 1.350 274.310 1.644
202112 1.200 278.802 1.437
202203 1.210 287.504 1.405
202206 1.150 296.311 1.296
202209 1.090 296.808 1.226
202212 1.460 296.797 1.643
202303 1.380 301.836 1.527
202306 1.330 305.109 1.456
202309 1.280 307.789 1.389
202312 1.430 306.746 1.557
202403 1.120 312.332 1.198
202406 -0.910 314.175 -0.967
202409 0.650 315.301 0.688
202412 0.990 315.605 1.048
202503 1.450 319.799 1.514
202506 1.700 322.561 1.760
202509 2.050 324.800 2.108
202512 2.330 324.054 2.401
202603 2.990 330.213 3.024
202606 3.170 333.952 3.170

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 61.95 mean?
MYR Group (MYRG) has a Shiller PE Ratio of 61.95 as of Sep. 09, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on MYR Group and its competitors. This is 79% above median its historical median of 34.61. Over the past decade, MYR Group's Shiller PE Ratio has ranged from 12.56 to 110.89. According to the industry distribution chart, MYR Group ranks #930 out of 1041 companies in the Construction industry, placing it in the top 89.3%.
Is MYR Group's Shiller PE Ratio too high?
MYR Group's current Shiller PE Ratio of 61.95 is 79% above median its 10-year median of 34.61. Over the past 10 years, this metric has ranged from a low of 12.56 to a high of 110.89. The Construction industry median Shiller PE Ratio is 16.99. MYR Group's value of 61.95 is 264.6% above this industry median. Based on the distribution chart, MYR Group ranks #930 out of 1041 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, MYR Group has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MYR Group's Shiller PE Ratio compare to TPC and KBR?
According to the Construction industry distribution chart, MYR Group ranks #930 out of 1041 companies for Shiller PE Ratio. This places MYR Group in the lower half of its industry. The industry median Shiller PE Ratio is 16.99. MYR Group's value of 61.95 is 264.6% above this benchmark. Historically, MYR Group's own Shiller PE Ratio has ranged from 12.56 to 110.89 over the past decade. While the company's 10-year median is 34.61 vs. the industry median of 16.99, MYR Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Construction company?
The median Shiller PE Ratio among Construction companies is 16.99, based on 1,041 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MYR Group's current Shiller PE Ratio of 61.95 is 264.6% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on MYR Group and its competitors. For the Construction industry, the median Shiller PE Ratio is 16.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MYR Group's current Shiller PE Ratio is 61.95, which is 79% above median its own 10-year median of 34.61. 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 (MYRG) is currently considered Significantly Overvalued. The stock's GF Value™ is $198.35, compared to a current price of $286.84 — trading 44.6% above its estimated fair value. The current Shiller PE Ratio is 61.95, which is 79% above median its 10-year median of 34.61 and 264.6% above the Construction industry median of 16.99. MYR Group's overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For MYR Group (MYRG), the current Shiller PE Ratio is 61.95 as of Sep. 09, 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 (MYRG) Overvalued in 2026?

Based on GuruFocus' analysis, MYR Group stock appears to be overvalued. The current stock price of $286.84 is trading 44.6% above its estimated GF Value™ of $198.35. GuruFocus considers MYR Group to be Significantly Overvalued.

Key valuation signals for MYRG:

  • Shiller PE Ratio: 61.95 (79% above median its 10-year median of 34.61)
  • GF Value™: $198.35 vs. price of $286.84 (44.6% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 264.6% above the Construction median (#930 of 1041)

No single metric tells the full story. See the MYRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MYR Group Business Description

Other Exchanges MYP:Germany
Address 12121 Grant Street, Suite 610, Thornton, CO, USA, 80241
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.
91GF Score

Get the complete analysis for MYRG

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$286.84
Price
$198.35
GF Value