Granite Construction Incorporated Stock Price To Earnings To Growth

GVA Stock  USD 98.69  0.07  0.07%   
Granite Construction Incorporated fundamentals help investors to digest information that contributes to Granite Construction's financial success or failures. It also enables traders to predict the movement of Granite Stock. The fundamental analysis module provides a way to measure Granite Construction's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Granite Construction stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Granite Construction Incorporated Company Price To Earnings To Growth Analysis

Granite Construction's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

Current Granite Construction Price To Earnings To Growth

    
  5.56 X  
Most of Granite Construction's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Granite Construction Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Granite Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for Granite Construction is extremely important. It helps to project a fair market value of Granite Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since Granite Construction's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Granite Construction's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Granite Construction's interrelated accounts and indicators.
0.90.190.340.670.710.970.330.720.130.890.510.890.670.570.240.650.680.79-0.42-0.330.410.690.550.34-0.01
0.90.060.640.560.50.840.340.60.40.840.320.780.340.60.120.580.520.61-0.36-0.070.460.480.490.360.11
0.190.06-0.070.690.640.10.20.25-0.520.320.850.330.340.550.930.580.330.3-0.24-0.050.460.30.73-0.13-0.75
0.340.64-0.070.14-0.010.270.070.040.630.250.00.22-0.180.13-0.040.02-0.17-0.2-0.070.310.35-0.26-0.010.10.25
0.670.560.690.140.90.660.150.48-0.090.80.830.70.560.60.650.80.510.67-0.56-0.320.60.750.730.08-0.67
0.710.50.64-0.010.90.710.240.6-0.330.850.910.80.740.580.670.650.720.74-0.48-0.590.340.80.690.0-0.68
0.970.840.10.270.660.710.210.640.190.860.460.810.680.420.130.60.620.77-0.45-0.480.380.730.450.43-0.01
0.330.340.20.070.150.240.210.85-0.420.320.160.310.230.660.170.320.370.38-0.17-0.050.060.210.39-0.16-0.03
0.720.60.250.040.480.60.640.85-0.330.670.410.680.590.70.230.530.650.72-0.35-0.320.140.590.51-0.04-0.12
0.130.4-0.520.63-0.09-0.330.19-0.42-0.330.05-0.46-0.1-0.43-0.25-0.55-0.11-0.35-0.2-0.020.30.24-0.18-0.330.340.5
0.890.840.320.250.80.850.860.320.670.050.660.890.560.690.370.70.770.84-0.48-0.420.370.80.680.22-0.35
0.510.320.850.00.830.910.460.160.41-0.460.660.670.610.570.880.580.630.54-0.33-0.380.350.560.74-0.09-0.77
0.890.780.330.220.70.80.810.310.68-0.10.890.670.70.660.460.640.790.79-0.39-0.320.30.720.660.08-0.26
0.670.340.34-0.180.560.740.680.230.59-0.430.560.610.70.220.390.450.520.62-0.41-0.550.10.660.380.07-0.3
0.570.60.550.130.60.580.420.660.7-0.250.690.570.660.220.590.760.720.71-0.25-0.030.490.540.890.09-0.32
0.240.120.93-0.040.650.670.130.170.23-0.550.370.880.460.390.590.590.420.34-0.23-0.090.480.360.79-0.13-0.71
0.650.580.580.020.80.650.60.320.53-0.110.70.580.640.450.760.590.530.8-0.53-0.120.740.740.90.38-0.35
0.680.520.33-0.170.510.720.620.370.65-0.350.770.630.790.520.720.420.530.85-0.14-0.450.040.680.70.17-0.28
0.790.610.3-0.20.670.740.770.380.72-0.20.840.540.790.620.710.340.80.85-0.43-0.410.330.90.750.31-0.25
-0.42-0.36-0.24-0.07-0.56-0.48-0.45-0.17-0.35-0.02-0.48-0.33-0.39-0.41-0.25-0.23-0.53-0.14-0.430.25-0.43-0.53-0.33-0.060.31
-0.33-0.07-0.050.31-0.32-0.59-0.48-0.05-0.320.3-0.42-0.38-0.32-0.55-0.03-0.09-0.12-0.45-0.410.250.15-0.54-0.11-0.190.32
0.410.460.460.350.60.340.380.060.140.240.370.350.30.10.490.480.740.040.33-0.430.150.410.610.33-0.13
0.690.480.3-0.260.750.80.730.210.59-0.180.80.560.720.660.540.360.740.680.9-0.53-0.540.410.630.16-0.42
0.550.490.73-0.010.730.690.450.390.51-0.330.680.740.660.380.890.790.90.70.75-0.33-0.110.610.630.26-0.46
0.340.36-0.130.10.080.00.43-0.16-0.040.340.22-0.090.080.070.09-0.130.380.170.31-0.06-0.190.330.160.260.38
-0.010.11-0.750.25-0.67-0.68-0.01-0.03-0.120.5-0.35-0.77-0.26-0.3-0.32-0.71-0.35-0.28-0.250.310.32-0.13-0.42-0.460.38
Click cells to compare fundamentals
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
Competition

Granite Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

(1.03)

At present, Granite Construction's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.
Based on the latest financial disclosure, Granite Construction Incorporated has a Price To Earnings To Growth of 5.56 times. This is 318.05% higher than that of the Construction & Engineering sector and notably higher than that of the Industrials industry. The price to earnings to growth for all United States stocks is 13.7% lower than that of the firm.

Granite Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Granite Construction's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Granite Construction could also be used in its relative valuation, which is a method of valuing Granite Construction by comparing valuation metrics of similar companies.
Granite Construction is currently under evaluation in price to earnings to growth category among its peers.

Granite Construction ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Granite Construction's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Granite Construction's managers, analysts, and investors.
Environmental
Governance
Social

Granite Fundamentals

About Granite Construction Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Granite Construction Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Granite Construction using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Granite Construction Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Granite Construction offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Granite Construction's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Granite Construction Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Granite Construction Incorporated Stock:
Check out Granite Construction Piotroski F Score and Granite Construction Altman Z Score analysis.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Construction & Engineering space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Granite Construction. If investors know Granite will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Granite Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.38
Dividend Share
0.52
Earnings Share
2.36
Revenue Per Share
90.257
Quarterly Revenue Growth
0.142
The market value of Granite Construction is measured differently than its book value, which is the value of Granite that is recorded on the company's balance sheet. Investors also form their own opinion of Granite Construction's value that differs from its market value or its book value, called intrinsic value, which is Granite Construction's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Granite Construction's market value can be influenced by many factors that don't directly affect Granite Construction's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Granite Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Granite Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Granite Construction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.