Primoris Services (FRA:1PM) Price-to-Tangible-Book : 16.97 (As of May. 02, 2024)

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What is Primoris Services Price-to-Tangible-Book?

As of today (2024-05-02), Primoris Services's share price is €44.00. Primoris Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €2.59. Hence, Primoris Services's Price to Tangible Book Ratio of today is 16.97.

The historical rank and industry rank for Primoris Services's Price-to-Tangible-Book or its related term are showing as below:

FRA:1PM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.03 Med: 3.53 Max: 16.48
Current: 16.48

During the past 13 years, Primoris Services's highest Price to Tangible Book Ratio was 16.48. The lowest was 3.03. And the median was 3.53.

FRA:1PM's Price-to-Tangible-Book is ranked worse than
95.93% of 1500 companies
in the Construction industry
Industry Median: 1.34 vs FRA:1PM: 16.48

A closely related ratio is called PB Ratio. As of today, Primoris Services's share price is €44.00. Primoris Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was €21.24. Hence, Primoris Services's P/B Ratio of today is 2.07.

Primoris Services Price-to-Tangible-Book Historical Data

The historical data trend for Primoris Services's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Primoris Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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3.05

2.98

5.43

11.65

Primoris Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	-	29.98	16.59	11.65

Competitive Comparison of Primoris Services's Price-to-Tangible-Book

For the Engineering & Construction subindustry, Primoris Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Construction Industry

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

* The bar in red indicates where Primoris Services's Price-to-Tangible-Book falls into.

Primoris Services Price-to-Tangible-Book Calculation

Primoris Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	44.00	/	2.593
	=	16.97

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Primoris Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Primoris Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Primoris Services (FRA:1PM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primoris Services Corp (FRA:1PM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PRIM:USA 1PM:Germany

Address

2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201

Website

https://www.primoriscorp.com

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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