Is Primoris Services Corporation (PRIM) overvalued? · P/E 22, rev $1.74B
Primoris Services Corporation (PRIM) is a engineering & construction company listed on NYSE.
This page asks whether Primoris Services Corporation (PRIM) looks expensive on cached numbers — not a short thesis.
Latest reported PRIM revenue for 2024-12-31 was $1.74B. Net income was $180.9M. Revenue was up 5.6% from 2024-09-30 to 2024-12-31. PRIM currently screens at market cap $5.52B and trailing P/E 22.4.
PRIM currently screens at market cap $5.52B and trailing P/E 22.4. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PRIM 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PRIM stock page for the full model, not this heading.
Not investment advice.