PRIM Historical PE Ratio Notes

— Primoris Services Corporation (PRIM) is a leading specialty contractor that provides a wide range of construction, engineering, and maintenance services to the utility, energy, and infrastructure markets across the United States and Canada. The company operates through segments such as Utilities and Energy/Renewables, focusing on infrastructure projects like pipeline installation, power delivery, civil construction, and industrial facility maintenance. As you review PRIM’s historical P/E ratio, keep in mind that the company's earnings can be influenced by cyclical trends in the energy & utility sectors, the timing of large project awards, and macroeconomic conditions affecting infrastructure spending. In periods where demand for infrastructure or energy projects is high, PRIM's earnings often rise, potentially lowering the P/E ratio if the share price does not increase as quickly. Conversely, industry downturns or delays in project awards can compress earnings, raising the P/E ratio and possibly indicating greater perceived risk or lower growth expectations by the market. When evaluating PRIM's historical price, earnings, & P/E ratio, consider how these sector and project-driven factors have historically impacted investor sentiment and the valuation the market has assigned to the stock.

On this page we presented the PRIM Historical PE Ratio information for Primoris Services' stock. The average PRIM historical PE based on using the annualized quarterly earnings result at each measurement period (for the "E" in the PE calculation; and the closing price on earnings date as the "P") is 26.9. Meanwhile, using the trailing twelve month (TTM) quarterly earnings result as our method of calculation the "E" value at each measurement period, the average PRIM historical PE based on this TTM earnings result method is 18.9. Note: any PE calculations resulting in a value exceeding 500 were discarded as not meaningful. Note: any PE calculations involving negative earnings were discarded as not meaningful.

Let's now compare this PRIM historical PE result, against the recent PE: when this page was posted on 9/9/2026, the most recent closing price for PRIM had been 73.85, and the most recent quarterly earnings result, annualized, was 2.36. Meanwhile, the most recent TTM earnings summed to 3.28. From these numbers, we calculate the recent PRIM PE on 9/9/2026 based on annualized quarterly EPS was 31.3. Based on PRIM's history, that recent PE is elevated relative to the historical average, with the recent PE 16.4% higher than the historical average PE across our data set for Primoris Services. Looking at the recent PRIM PE on 9/9/2026 based on TTM EPS, we calculate the ratio at 22.5. Based on PRIM's history, that recent PE is elevated relative to the historical average, with the recent PE 19.0% higher than the historical average PE across our Primoris Services data set with TTM EPS used in the calculation at each period.

Another interesting PRIM historical PE Ratio calculation we look at is to take the median earnings per share of the last four quarters for PRIM, and then annualize the resulting value... with that annualized number then being used in the PE calculation. To walk through this math for PRIM, we start with the past four EPS numbers and we first sort them from lowest to highest: -0.27, 0.59, 1.08, and 1.88. We then toss out the highest and lowest result, and then take the average of those two middle numbers — 0.59 and 1.08 — which gives us the median of 0.83. Basically the way to think about this 0.83 number is this: for the trailing four earnings reports, 0.83 marks the "middle ground" number where PRIM has reported a value higher than 0.83 half the time, and has reported a value lower than 0.83 half the time. Annualizing that median value then gets us to 3.32/share, which we use as the denominator in our next PE calculation. With 73.85 as the numerator (as of 9/9/2026), the calculation is then 73.85 / 3.32 = 22.2 as the PRIM PE ratio as of 9/9/2026, based on that annualized median value we calculated.

For self directed investors doing their due diligence on PRIM or any other given stock, valuation analysis for PRIM can greatly benefit from studying the past earnings and resulting PE calculations. This exercise can help inform an analysis as to whether the past earnings trajectory and current versus historical PE ratios justify the current stock value.

That's why we bring you HistoricalPERatio.com to make it easy for investors to investigate Primoris Services PE history or the past PE information for any stock in our coverage universe. And in your continued research we hope you will be sure to check out the further links included for earnings surprises history (beat/miss data) as well as next earnings dates for PRIM. Thanks for visiting, and the next time you need to research PRIM Historical PE Ratio or the ratio for another stock, we hope you'll think of our site, as your go-to historical PE ratio research resource of choice.