Is EMCOR Stock's 21.5X P/E Still Worth it? Buy, Sell or Hold?

EMCOR Group, Inc. (EME) has been a standout performer in the construction and engineering space. At a 12-month forward price-to-earnings (P/E) ratio of 21.5, EMCOR trades slightly above the industry average of 20.9. This premium valuation reflects the company’s impressive growth trajectory, with its stock gaining 124% over the past year.EMCOR’s P/E Ratio (Forward 12-Month) vs. IndustryImage Source: Zacks Investment ResearchThis remarkable rally far outpaces the Zacks Building Products - Heavy Construction i ...