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Granite Construction Stock

Granite Construction P/S 2024

Granite Construction P/S

0.8

Ticker

GVA

ISIN

US3873281071

WKN

879080

As of Nov 28, 2024, Granite Construction's P/S ratio stood at 0.8, a 45.45% change from the 0.55 P/S ratio recorded in the previous year.

The Granite Construction P/S history

Granite Construction Aktienanalyse

What does Granite Construction do?

Granite Construction Inc. is a construction company that was founded in 1922 in Watsonville, California. The company quickly grew and expanded its business to various zones in the United States, including Hawaii and Alaska. Today, the company is one of the largest and most successful construction companies in the USA, with over 3,000 employees and an annual revenue of several billion dollars. The business model of Granite is designed to provide high-quality construction services for a variety of customers and industries. The company specializes in the construction of transportation infrastructure, such as bridges, roads, and airports, as well as the construction of energy and water supply facilities, municipal facilities, and recreational facilities. Granite is also involved in the construction of buildings, including schools, office buildings, and residential houses. Granite has various departments that specialize in different business areas. The concrete and asphalt division specializes in the production of concrete and asphalt mixtures used in the company's projects. The water infrastructure division focuses on the construction of dams, weirs, and other water infrastructure structures. The tunnel construction division specializes in large infrastructure projects, such as the construction of subway and road tunnels. Granite offers products such as concrete, asphalt, and asphalt binder. Granite also manufactures a wide range of equipment used in construction, including construction machinery and heavy transport vehicles. The company also has its own line of concrete mixing plants. Over the years, the company has received numerous awards, including recognition for the highest standards in safety performance and for its commitment to the local communities in which it operates. Granite also has a strong tradition and commitment to the environment, reflected in its leadership in the field of sustainable development and its pursuit of environmentally responsible construction. Granite Construction Inc. is a leading construction contractor focused on delivering high-quality construction services for a wide range of customers and industries. The company has a long history of success and growth, and has become one of the most respected and reputable construction companies in the USA. Granite Construction ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Granite Construction's P/S Ratio

Granite Construction's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Granite Construction's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Granite Construction's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Granite Construction’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Granite Construction stock

What is the price-to-earnings ratio of Granite Construction?

The price-earnings ratio of Granite Construction is currently 0.8.

How has the price-earnings ratio of Granite Construction changed compared to last year?

The price-to-earnings ratio of Granite Construction has increased by 45.45% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Granite Construction high compared to other companies?

Yes, the price-to-earnings ratio of Granite Construction is high compared to other companies.

How does an increase in the price-earnings ratio of Granite Construction affect the company?

An increase in the price-earnings ratio of Granite Construction would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Granite Construction affect the company?

A decrease in the price-earnings ratio of Granite Construction would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Granite Construction?

Some factors that influence the price-earnings ratio of Granite Construction are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Granite Construction pay?

Over the past 12 months, Granite Construction paid a dividend of 0.52 USD . This corresponds to a dividend yield of about 0.53 %. For the coming 12 months, Granite Construction is expected to pay a dividend of 0.18 USD.

What is the dividend yield of Granite Construction?

The current dividend yield of Granite Construction is 0.53 %.

When does Granite Construction pay dividends?

Granite Construction pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Granite Construction?

Granite Construction paid dividends every year for the past 23 years.

What is the dividend of Granite Construction?

For the upcoming 12 months, dividends amounting to 0.18 USD are expected. This corresponds to a dividend yield of 0.18 %.

In which sector is Granite Construction located?

Granite Construction is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Granite Construction kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Granite Construction from 10/15/2024 amounting to 0.13 USD, you needed to have the stock in your portfolio before the ex-date on 9/30/2024.

When did Granite Construction pay the last dividend?

The last dividend was paid out on 10/15/2024.

What was the dividend of Granite Construction in the year 2023?

In the year 2023, Granite Construction distributed 0.52 USD as dividends.

In which currency does Granite Construction pay out the dividend?

The dividends of Granite Construction are distributed in USD.

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Andere Kennzahlen von Granite Construction

Our stock analysis for Granite Construction Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Granite Construction Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.