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Granite Construction has the Highest P/E Ratio in the Construction & Engineering Industry (GVA, MTZ, PRIM, IESC, FIX)

By Shiri Gupta

Below are the three companies in the Construction & Engineering industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Granite Construction ranks highest with a a P/E ratio of 44.09. Following is MasTec with a a P/E ratio of 36.28. Primoris Services ranks third highest with a a P/E ratio of 31.39.

Integrated Electrical Services follows with a a P/E ratio of 28.27, and Comfort Systems rounds out the top five with a a P/E ratio of 25.93.

SmarTrend is tracking the current trend status for Primoris Services and will alert subscribers who have PRIM in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio granite construction mastec primoris services integrated electrical services comfort systems