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PRIM (Primoris Services) Cyclically Adjusted PS Ratio : 1.04 (As of Jul. 09, 2025)


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What is Primoris Services Cyclically Adjusted PS Ratio?

As of today (2025-07-09), Primoris Services's current share price is $84.62. Primoris Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $81.34. Primoris Services's Cyclically Adjusted PS Ratio for today is 1.04.

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

PRIM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.57   Max: 1.1
Current: 1.02

During the past years, Primoris Services's highest Cyclically Adjusted PS Ratio was 1.10. The lowest was 0.27. And the median was 0.57.

PRIM's Cyclically Adjusted PS Ratio is ranked worse than
60.65% of 1202 companies
in the Construction industry
Industry Median: 0.74 vs PRIM: 1.02

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Primoris Services's adjusted revenue per share data for the three months ended in Mar. 2025 was $30.127. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $81.34 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Primoris Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Primoris Services's Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Chart

Primoris Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.58 0.44 0.35 0.47 0.98

Primoris Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 0.59 0.67 0.76 0.98 0.71

Competitive Comparison of Primoris Services's Cyclically Adjusted PS Ratio

For the Engineering & Construction subindustry, Primoris Services's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primoris Services's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Primoris Services's Cyclically Adjusted PS Ratio falls into.


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Primoris Services Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Primoris Services's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=84.62/81.34
=1.04

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Primoris Services's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=30.127/134.9266*134.9266
=30.127

Current CPI (Mar. 2025) = 134.9266.

Primoris Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 9.332 100.684 12.506
201509 10.728 100.392 14.418
201512 9.593 99.792 12.970
201603 8.297 100.470 11.142
201606 8.781 101.688 11.651
201609 9.760 101.861 12.928
201612 11.569 101.863 15.324
201703 10.829 102.862 14.205
201706 12.211 103.349 15.942
201709 11.765 104.136 15.244
201712 11.197 104.011 14.525
201803 9.742 105.290 12.484
201806 12.527 106.317 15.898
201809 17.568 106.507 22.256
201812 17.075 105.998 21.735
201903 12.924 107.251 16.259
201906 15.420 108.070 19.252
201909 16.891 108.329 21.038
201912 15.576 108.420 19.384
202003 15.297 108.902 18.953
202006 18.661 108.767 23.149
202009 19.408 109.815 23.846
202012 18.542 109.897 22.765
202103 16.358 111.754 19.750
202106 16.240 114.631 19.115
202109 16.798 115.734 19.584
202112 16.384 117.630 18.793
202203 14.733 121.301 16.388
202206 18.996 125.017 20.502
202209 23.892 125.227 25.743
202212 24.750 125.222 26.668
202303 23.300 127.348 24.687
202306 26.018 128.729 27.271
202309 28.141 129.860 29.239
202312 27.870 129.419 29.056
202403 25.962 131.776 26.583
202406 28.612 132.554 29.124
202409 30.162 133.029 30.592
202412 31.882 133.157 32.306
202503 30.127 134.927 30.127

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Primoris Services  (NYSE:PRIM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Primoris Services Cyclically Adjusted PS Ratio Related Terms

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


Primoris Services Business Description

Traded in Other Exchanges
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Primoris Services Corp is a provider of infrastructure services operating mainly in the United States and Canada. It provides a wide range of construction services, maintenance, replacement, fabrication and engineering services to a diversified base of customers. The reportable segments are the Utilities segment and the Energy segment. The Utilities segment operates in a range of services, including the installation and maintenance of new and existing natural gas and electric utility distribution and transmission systems, and communication systems. The Energy segment operates in a range of services that include engineering, procurement, and construction, retrofits, highway and bridge construction, demolition, site work, outages, pipeline construction and maintenance, and others.
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
Travis L Stricker officer: Chief Accounting Officer 2103 RESEARCH FOREST DRIVE, THE WOODLANDS TX 77380
David Lee King officer: Chief Operating Officer 2100 MCKINNEY AVE, SUITE 1500, DALLAS TX 75201
John Schauerman director, officer: Chief Financial Officer, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
John M. Perisich officer: Senior VP and General Counsel, other: Member - see remark 26000 COMMERCENTRE DR., LAKE FOREST CA 92630
Carla S Mashinski director 8200 S. UNIT DRIVE, TULSA OK 74132
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