Granite Construction (GVA)
(Real Time Quote from BATS)
$65.46 USD
+0.91 (1.41%)
Updated Jul 22, 2024 03:38 PM ET
After-Market: $65.53 +0.07 (0.11%) 4:08 PM ET
3-Hold of 5 3
B Value A Growth A Momentum A VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
GVA 65.46 +0.91(1.41%)
Will GVA be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for GVA based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for GVA
Granite (GVA) Boosts Backlog With $27M Project by Caltrans
Sterling (STRL) Up 47.2% YTD on Infrastructural Push: What's Next?
GVA: What are Zacks experts saying now?
Zacks Private Portfolio Services
Granite (GVA) & Kraemer JV Wins $113M Project in Michigan
Granite (GVA) Wins $16M Contract to Lift Salinas Traffic Flow
Granite (GVA) to Remove & Replace the Edgewater Creek Bridge
Other News for GVA
Granite to Enhance Safety and Efficiency on Iconic SR33 in Kern County, California
Granite Announces Timing of Earnings Release and Investor Conference Call
Granite’s Jorge Quezada selected to Diversity MBA’s list of Top 25 Outstanding Leadership and Diversity Impact Awards
Granite Embarks on Multimodal Pathway in the Coachella Valley
Lehman-Roberts, a Granite Company, Spearheads Infrastructure Upgrade