Primoris Services Rated Buy with A Value Grade, P/E 24.3 vs Industry 30.7
Primoris Services has a buy rating (rank 2) and Value grade A with forward P/E of 24.26 versus the industry average of 30.71. Its P/B ratio of 4.53 against 7.95, P/S of 0.73 versus 1.34 and P/CF of 21.39 compared to 30.73 indicate potential undervaluation.
1. Buy Rating and Value Grade
Primoris Services holds a rank 2 buy rating and top Value grade of A, reflecting strong estimate revisions and earnings outlook. The stock’s forward P/E of 24.26 compares with an industry average of 30.71 and has ranged from 11.89 to 24.26 over the past year (median 17.78).
2. Comparative Valuation Metrics
The company’s P/B ratio stands at 4.53 versus an industry average of 7.95, with a 52-week range of 1.96 to 4.53 (median 2.86). Its P/S ratio is 0.73 against 1.34 for peers, while P/CF is 21.39 compared to 30.73, having ranged between 9.65 and 21.39 (median 14.18).