Dycom Industries, Inc. (DY) P/E Ratio History
ExpensiveTrading at 47.8x vs 5Y avg 29.2x · 90th percentile · Material premium to history · Data 1996–2027
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P/E Ratio Analysis
As of June 21, 2026, Dycom Industries, Inc. (DY) trades at a price-to-earnings ratio of 47.8x, with a stock price of $456.65 and trailing twelve-month earnings per share of $10.25.
The current P/E is 64% above its 5-year average of 29.2x. Over the past five years, DY's P/E has ranged from a low of 11.4x to a high of 55.5x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.6x, DY trades at a 87% premium to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
The PEG ratio of 0.87 (P/E divided by 21% EPS growth) suggests the stock may be undervalued relative to its earnings growth. Peter Lynch popularized the rule that a PEG below 1.0 indicates an attractive entry point.
Relative to the broader market, DY commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our DY DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
DY Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
DY P/E vs Peers
Telecom and broadband infrastructure peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $5B | 20.2 | 1.10 | +52% | |
| $105B | 103.3 | 5.99 | +13% | |
| $7B | 61.2 | 3.67 | +311%Best | |
| $1B | 25.5 | - | +121% | |
| $1B | 15.7Lowest | 10.15 | +29% | |
| $30B | 74.9 | 25.22 | +146% | |
| $7B | 66.7 | 3.56 | +40% | |
| $26B | 91.9 | 2.07 | +13% | |
| $14B | 47.4 | 0.95 | +52% | |
| $37B | 29.7 | 0.47Best | +31% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
DY Historical P/E Data (1996–2027)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2027 Q1 | May 02 2026 | $433.60 | $10.47 | 41.4x | +42% |
| FY2026 Q4 | Jan 31 2026 | $364.39 | $9.56 | 38.1x | +30% |
| FY2026 Q3 | Oct 25 2025 | $291.96 | $10.16 | 28.7x | -2% |
| FY2026 Q2 | Jul 26 2025 | $264.69 | $8.90 | 29.7x | +2% |
| FY2026 Q1 | Apr 26 2025 | $165.20 | $7.89 | 20.9x | -28% |
| FY2025 Q4 | Jan 25 2025 | $192.84 | $7.92 | 24.3x | -17% |
| FY2025 Q3 | Oct 26 2024 | $192.06 | $7.60 | 25.3x | -13% |
| FY2025 Q2 | Jul 27 2024 | $177.91 | $8.05 | 22.1x | -24% |
| FY2025 Q1 | Apr 27 2024 | $142.76 | $7.76 | 18.4x | -37% |
| FY2024 Q4 | Jan 27 2024 | $115.18 | $7.37 | 15.6x | -46% |
| FY2024 Q3 | Oct 28 2023 | $84.67 | $7.41 | 11.4x | -61% |
| FY2024 Q2 | Jul 29 2023 | $99.34 | $6.39 | 15.5x | -47% |
| FY2024 Q1 | Apr 29 2023 | $92.62 | $5.82 | 15.9x | -46% |
| FY2023 Q4 | Jan 28 2023 | $92.73 | $4.74 | 19.6x | -33% |
| FY2023 Q3 | Oct 29 2022 | $120.43 | $3.94 | 30.6x | +5% |
| FY2023 Q2 | Jul 30 2022 | $103.16 | $3.08 | 33.5x | +15% |
| FY2023 Q1 | Apr 30 2022 | $84.91 | $2.21 | 38.4x | +32% |
| FY2022 Q4 | Jan 29 2022 | $84.53 | $1.59 | 53.2x | +82% |
| FY2022 Q3 | Oct 30 2021 | $79.42 | $1.43 | 55.5x | +90% |
| FY2022 Q2 | Jul 31 2021 | $69.40 | $1.54 | 45.1x | +54% |
| FY2022 Q1 | May 01 2021 | $93.81 | $2.10 | 44.7x | +53% |
| FY2021 Q4 | Jan 30 2021 | $81.14 | $1.04 | 78.0x | +167% |
| FY2021 Q3 | Oct 24 2020 | $68.29 | $0.82 | 83.3x | +185% |
| FY2021 Q2 | Jul 25 2020 | $41.25 | $0.53 | 77.8x | +166% |
| FY2021 Q1 | Apr 25 2020 | $28.68 | $0.32 | 89.6x | +207% |
| FY2020 Q4 | Jan 25 2020 | $44.51 | $1.80 | 24.7x | -15% |
| FY2020 Q3 | Oct 26 2019 | $49.25 | $1.77 | 27.8x | -5% |
| FY2020 Q2 | Jul 27 2019 | $57.05 | $1.88 | 30.3x | +4% |
| FY2020 Q1 | Apr 27 2019 | $48.75 | $1.88 | 25.9x | -11% |
| FY2019 Q4 | Jan 26 2019 | $59.18 | $1.96 | 30.2x | +3% |
| FY2019 Q3 | Oct 27 2018 | $67.05 | $3.58 | 18.7x | -36% |
| FY2019 Q2 | Jul 28 2018 | $89.93 | $3.61 | 24.9x | -15% |
| FY2019 Q1 | Apr 28 2018 | $106.65 | $4.05 | 26.3x | -10% |
| FY2018 Q4 | Jan 27 2018 | $119.30 | $4.74 | 25.2x | -14% |
| FY2018 Q3 | Oct 28 2017 | $89.71 | $4.24 | 21.2x | -28% |
| FY2018 Q2 | Jul 29 2017 | $90.30 | $4.93 | 18.3x | -37% |
| FY2018 Q1 | Apr 29 2017 | $105.66 | $5.09 | 20.8x | -29% |
| FY2017 Q4 | Jan 28 2017 | $80.58 | $4.87 | 16.5x | -43% |
| FY2017 Q3 | Oct 29 2016 | $75.45 | $4.59 | 16.4x | -44% |
| FY2017 Q2 | Jul 30 2016 | $94.05 | $3.91 | 24.1x | -18% |
| FY2017 Q1 | Apr 23 2016 | $67.98 | $3.34 | 20.4x | -30% |
| FY2016 Q4 | Jan 23 2016 | $64.58 | $2.92 | 22.1x | -24% |
| FY2016 Q3 | Oct 24 2015 | $75.79 | $2.73 | 27.8x | -5% |
| FY2016 Q2 | Jul 25 2015 | $63.90 | $2.41 | 26.5x | -9% |
| FY2016 Q1 | Apr 25 2015 | $48.99 | $1.91 | 25.6x | -12% |
| FY2015 Q4 | Jan 24 2015 | $32.51 | $1.56 | 20.8x | -29% |
| FY2015 Q3 | Oct 25 2014 | $28.84 | $1.20 | 24.0x | -18% |
| FY2015 Q2 | Jul 26 2014 | $28.85 | $1.15 | 25.1x | -14% |
| FY2015 Q1 | Apr 26 2014 | $31.21 | $1.11 | 28.1x | -4% |
| FY2014 Q4 | Jan 25 2014 | $28.13 | $1.09 | 25.8x | -12% |
| FY2014 Q3 | Oct 26 2013 | $30.07 | $1.22 | 24.6x | -16% |
| FY2014 Q2 | Jul 27 2013 | $26.48 | $1.03 | 25.7x | -12% |
| FY2014 Q1 | Apr 27 2013 | $19.07 | $0.99 | 19.3x | -34% |
| FY2013 Q4 | Jan 26 2013 | $21.51 | $1.06 | 20.3x | -31% |
| FY2013 Q3 | Oct 27 2012 | $14.07 | $1.12 | 12.6x | -57% |
| FY2013 Q2 | Jul 28 2012 | $17.68 | $1.15 | 15.4x | -47% |
| FY2013 Q1 | Apr 28 2012 | $23.79 | $1.13 | 21.1x | -28% |
| FY2012 Q4 | Jan 28 2012 | $22.18 | $0.89 | 24.9x | -15% |
| FY2012 Q3 | Oct 29 2011 | $20.20 | $0.65 | 31.1x | +6% |
| FY2012 Q2 | Jul 30 2011 | $17.04 | $0.45 | 37.9x | +30% |
| FY2012 Q1 | Apr 30 2011 | $14.86 | $0.20 | 74.3x | +154% |
| FY2011 Q4 | Jan 29 2011 | $15.63 | $0.20 | 78.2x | +168% |
| FY2011 Q3 | Oct 30 2010 | $10.70 | $0.24 | 44.6x | +53% |
| FY2011 Q2 | Jul 31 2010 | $9.05 | $0.15 | 60.3x | +107% |
| FY2011 Q1 | Apr 24 2010 | $10.79 | $0.20 | 54.0x | +85% |
| FY2010 Q4 | Jan 23 2010 | $8.43 | $0.35 | 24.1x | -18% |
| FY2009 Q3 | Oct 25 2008 | $7.55 | $0.48 | 15.7x | -46% |
| FY2009 Q2 | Jul 26 2008 | $16.00 | $0.57 | 28.0x | -4% |
| FY2009 Q1 | Apr 26 2008 | $13.61 | $0.80 | 17.0x | -42% |
| FY2008 Q4 | Jan 26 2008 | $23.27 | $0.94 | 24.7x | -15% |
| FY2008 Q3 | Oct 27 2007 | $29.54 | $1.16 | 25.5x | -13% |
| FY2008 Q2 | Jul 28 2007 | $27.78 | $1.04 | 26.7x | -9% |
| FY2008 Q1 | Apr 28 2007 | $27.19 | $0.94 | 28.9x | -1% |
| FY2007 Q4 | Jan 27 2007 | $22.20 | $0.47 | 47.2x | +62% |
| FY2007 Q3 | Oct 28 2006 | $23.38 | $0.43 | 54.4x | +86% |
| FY2007 Q2 | Jul 29 2006 | $18.39 | $0.42 | 43.8x | +50% |
| FY2006 Q4 | Jan 28 2006 | $24.38 | $0.36 | 67.7x | +132% |
| FY2006 Q3 | Oct 29 2005 | $19.67 | $0.41 | 48.0x | +64% |
| FY2006 Q2 | Jul 30 2005 | $24.40 | $0.50 | 48.8x | +67% |
| FY2006 Q1 | Apr 30 2005 | $23.26 | $1.10 | 21.1x | -28% |
| FY2005 Q4 | Jan 29 2005 | $26.39 | $1.05 | 25.1x | -14% |
| FY2005 Q3 | Oct 30 2004 | $32.65 | $1.24 | 26.3x | -10% |
| FY2005 Q2 | Jul 31 2004 | $26.94 | $1.21 | 22.3x | -24% |
| FY2005 Q1 | Apr 24 2004 | $25.73 | $1.10 | 23.4x | -20% |
| FY2004 Q4 | Jan 24 2004 | $28.05 | $0.93 | 30.2x | +3% |
| FY2004 Q3 | Oct 25 2003 | $20.98 | $0.57 | 37.0x | +27% |
| FY2004 Q2 | Jul 26 2003 | $16.69 | $0.37 | 45.5x | +56% |
| FY2003 Q1 | Apr 27 2002 | $15.45 | $0.80 | 19.3x | -34% |
| FY2002 Q4 | Jan 26 2002 | $15.67 | $0.94 | 16.7x | -43% |
| FY2002 Q3 | Oct 27 2001 | $13.19 | $1.13 | 11.7x | -60% |
| FY2002 Q2 | Jul 28 2001 | $22.37 | $1.45 | 15.4x | -47% |
| FY2002 Q1 | Apr 28 2001 | $15.95 | $1.64 | 9.7x | -67% |
| FY2001 Q4 | Jan 27 2001 | $22.38 | $1.67 | 13.4x | -54% |
| FY2001 Q3 | Oct 28 2000 | $39.69 | $1.70 | 23.3x | -20% |
| FY2001 Q2 | Jul 29 2000 | $41.00 | $1.54 | 26.6x | -9% |
| FY2001 Q1 | Apr 29 2000 | $52.00 | $1.35 | 38.5x | +32% |
| FY2000 Q4 | Jan 29 2000 | $30.21 | $1.26 | 24.0x | -18% |
| FY2000 Q3 | Oct 30 1999 | $21.71 | $1.11 | 19.6x | -33% |
| FY2000 Q2 | Jul 31 1999 | $31.83 | $0.98 | 32.5x | +11% |
| FY2000 Q1 | Apr 30 1999 | $30.46 | $0.88 | 34.6x | +18% |
| FY1999 Q4 | Jan 31 1999 | $26.04 | $0.79 | 33.0x | +13% |
| FY1999 Q3 | Oct 31 1998 | $15.58 | $0.75 | 20.8x | -29% |
| FY1999 Q2 | Jul 31 1998 | $15.28 | $0.73 | 20.9x | -28% |
| FY1999 Q1 | - | $11.67 | $0.73 | 16.0x | -45% |
| FY1998 Q4 | Jan 31 1998 | $11.42 | $0.72 | 15.9x | -46% |
| FY1998 Q3 | Oct 31 1997 | $9.94 | $0.65 | 15.3x | -48% |
| FY1998 Q2 | - | $7.89 | $0.54 | 14.6x | -50% |
| FY1998 Q1 | Apr 30 1997 | $4.50 | $0.46 | 9.8x | -67% |
| FY1997 Q4 | Jan 31 1997 | $5.00 | $0.40 | 12.5x | -57% |
| FY1997 Q3 | - | $5.22 | $0.37 | 14.1x | -52% |
| FY1997 Q2 | Jul 31 1996 | $4.94 | $0.33 | 15.0x | -49% |
| FY1997 Q1 | - | $4.06 | $0.26 | 15.9x | -46% |
| FY1996 Q4 | Jan 31 1996 | $2.83 | $0.21 | 13.2x | -55% |
| FY1996 Q3 | - | $3.17 | $0.23 | 14.1x | -52% |
| FY1996 Q2 | Jul 31 1995 | $2.83 | $0.23 | 12.6x | -57% |
Average P/E for displayed period: 29.2x
Full Stock Analysis
Deep dive into DY consensus models and risk factors.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
30+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
DY — Frequently Asked Questions
Quick answers to the most common questions about buying DY stock.
What is DY's P/E ratio?
Dycom Industries, Inc. (DY) trailing twelve-month P/E ratio is 47.8x, based on TTM diluted EPS of $10.25. The 5-year average P/E is 29.2x and the historical range spans 11.4x to 55.5x.
Is DY stock overvalued or undervalued?
DY trades at 47.8x P/E, above its 5-year average of 29.2x. The 90th percentile ranking within the 11.4x–55.5x historical range indicates a premium to historical valuation.
Is DY stock expensive?
Yes, DY is expensive relative to its own history. The current P/E of 47.8x is above the 5-year average of 29.2x and also above the Industrials sector median of 25.6x. The stock sits at the 90th percentile of its 5-year valuation range.
What is DY's historical P/E range?
Over the past 5 years, DY's P/E ratio has ranged from 11.4x to 55.5x, with a median of 28.7x and an average of 29.2x. The current P/E of 47.8x places the stock at the 90th percentile of this range. Full historical data spans 1996–2027.
How does DY's P/E compare to the S&P 500?
DY trades at 47.8x P/E versus the S&P 500 median of 24.4x. The 96% premium to the market typically reflects higher expected earnings growth or quality.
How does DY's valuation compare to Industrials peers?
Dycom Industries, Inc. P/E of 47.8x compares to the Industrials sector median of 25.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is DY's PEG ratio?
DY PEG ratio is 0.87, based on a P/E of 47.8x and EPS growth of 20.7%. A PEG below 1.0 indicates the valuation is supported by the earnings growth rate — typically considered attractive.
What is DY's earnings yield?
DY earnings yield is 2.09%, the inverse of its 47.8x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.