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Primoris Services (FRA:1PM) PS Ratio : 0.45 (As of May. 06, 2024)


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What is Primoris Services PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Primoris Services's share price is €43.80. Primoris Services's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €97.70. Hence, Primoris Services's PS Ratio for today is 0.45.

Warning Sign:

Primoris Services Corp stock PS Ratio (=0.45) is close to 3-year high of 0.45

The historical rank and industry rank for Primoris Services's PS Ratio or its related term are showing as below:

FRA:1PM' s PS Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.46   Max: 0.87
Current: 0.45

During the past 13 years, Primoris Services's highest PS Ratio was 0.87. The lowest was 0.19. And the median was 0.46.

FRA:1PM's PS Ratio is ranked better than
66.77% of 1664 companies
in the Construction industry
Industry Median: 0.79 vs FRA:1PM: 0.45

Primoris Services's Revenue per Sharefor the three months ended in Dec. 2023 was €25.56. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was €97.70.

Good Sign:

Primoris Services Corp has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Primoris Services was 28.20% per year. During the past 3 years, the average Revenue per Share Growth Rate was 13.70% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.80% per year. During the past 10 years, the average Revenue per Share Growth Rate was 10.80% per year.

During the past 13 years, Primoris Services's highest 3-Year average Revenue per Share Growth Rate was 30.30% per year. The lowest was 0.70% per year. And the median was 12.95% per year.

Back to Basics: PS Ratio


Primoris Services PS Ratio Historical Data

The historical data trend for Primoris Services's PS 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.

* Premium members only.

Primoris Services PS Ratio Chart

Primoris Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.38 0.36 0.27 0.32

Primoris Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PS 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 0.27 0.27 0.31 0.32 0.32

Competitive Comparison of Primoris Services's PS Ratio

For the Engineering & Construction subindustry, Primoris Services's PS Ratio, along with its competitors' market caps and PS 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.


Primoris Services's PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's PS Ratio distribution charts can be found below:

* The bar in red indicates where Primoris Services's PS Ratio falls into.



Primoris Services PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Primoris Services's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=43.80/97.701
=0.45

Primoris Services's Share Price of today is €43.80.
Primoris Services's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €97.70.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Primoris Services  (FRA:1PM) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Primoris Services PS Ratio Related Terms

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Primoris Services (FRA:1PM) Business Description

Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.

Primoris Services (FRA:1PM) Headlines

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