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Primoris Services (Primoris Services) Median PS Value

: $46.95 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Primoris Services's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $105.329. Primoris Services's 10-Year median PS Ratio is 0.4457. Therefore, the Median PS Value for today is $46.95.

As of today (2024-04-20), Primoris Services's share price is $43.53. Primoris Services's Median PS Value is $46.95. Therefore, Primoris Services's Price to Median PS Value for today is 0.93.

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

PRIM' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.53   Med: 0.7   Max: 1.05
Current: 0.93

During the past 13 years, the highest Price to Median PS Value of Primoris Services was 1.05. The lowest was 0.53. And the median was 0.70.

PRIM's Price-to-Median-PS-Value is ranked better than
56.24% of 937 companies
in the Construction industry
Industry Median: 1 vs PRIM: 0.93

Primoris Services Median PS Value Historical Data

The historical data trend for Primoris Services's Median PS Value 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.52 38.68 34.28 41.26 46.95

Primoris Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value 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 Premium Member Only Premium Member Only Premium Member Only 41.26 43.67 45.98 46.65 46.95

Competitive Comparison

For the Engineering & Construction subindustry, Primoris Services's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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 Price-to-Median-PS-Value Distribution

For the Construction industry and Industrials sector, Primoris Services's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Primoris Services's Price-to-Median-PS-Value falls into.



Primoris Services Median PS Value Calculation

Primoris Services's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=105.329*0.4457
=46.95

10-Year Median PS Ratio is 0.4457.
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 $105.329.

* 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.


Primoris Services  (NYSE:PRIM) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Primoris Services's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=43.53/46.95
=0.93

* 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.


Primoris Services Median PS Value Related Terms

Thank you for viewing the detailed overview of Primoris Services's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Primoris Services (Primoris Services) 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.
Executives
Thomas Edward Mccormick officer: Chief Operating Officer 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Stephen C. Cook director 7500 SAN FELIPE, STE. 600, HOUSTON TX 77063
David Lee King officer: Chief Operating Officer 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
John M. Perisich officer: Senior VP and General Counsel, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
John Schauerman director, officer: Chief Financial Officer, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Moreno John F Jr officer: Chief Operating Officer C/O PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD ST, SUITE 1900, DALLAS TX 75201
Michael E. Ching director C/O PRIMORIS SERVICES CORPORATION, 2300 N FIELD STREET, SUITE 1900, DALLAS TX 75201
Terry D Mccallister director 1100 H ST NW, WASHINGTON DC 20080
Jose Ramon Rodriguez director PRIMORIS SERVICES CORPORATION, 2300 NORTH FIELD STREET, SUITE 1900, DALLAS TX 75201
Thomas E. Tucker director 3 UPPER NEWPORT PLAZA DRIVE, NEWPORT BEACH CA 92660
Patricia K Wagner director 1720 NORTH FIRST STREET, SAN JOSE CA 95020
Kenneth Morris Dodgen officer: Corporate Controller 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
Brian Pratt director, 10 percent owner, officer: Chairman, CEO & President, other: Member - see remark 5950 BERKSHIRE LANE, SUITE 800, DALLAS TX 75225
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
Travis L Stricker officer: Chief Accounting Officer 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380