ERII Energy Recovery PE ratio, current and historical analysis
As of Oct 22, 2024, the Energy Recovery stock's P/E ratio is 48.62. This takes into account the latest EPS of $0.37 and stock price of $17.99. The PE ratio has decreased by 6% from its last 4 quarters average of 51.6.
ERII PE ratio history
The PE ratio of Energy Recovery has averaged 55.42 over the last eight years. The current price-to-earnings ratio of 48.62 is 12% less than the historical average. Analyzing the last eight years, ERII's PE ratio reached its highest point in the Dec 2016 quarter at 147.86, when the price was $10.35 and the EPS was $0.07. The lowest point was recorded in the Jun 2018 quarter, when it reached 13.69 with a price of $8.08 and an EPS of $0.59.
Energy Recovery PE ratio by year
Maximum annual increase: 198.29% in 2019
Maximum annual decrease: -82.59% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 49.58 | 4.05% |
| 2022 | 47.65 | -44.57% |
| 2021 | 85.96 | 196.21% |
| 2020 | 29.02 | -40.72% |
| 2019 | 48.95 | 198.29% |
| 2018 | 16.41 | -36.25% |
| 2017 | 25.74 | -82.59% |
| 2016 | 147.86 | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
ERII average PE ratio chart
ERII's current PE ratio is under its 3, 5 and 10-year averages.
ERII PE vs peers
ERII's PE ratio is less than its peer stock GHM, but it is above GE's and IEX's. Energy Recovery's current PE ratio of 48.62 is more than the average of its peers, which is 30.7.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IEX Idex Corp | 26.78 | $15.51B |
| FLS Flowserve Corp | 27.32 | $6.96B |
| GGG Graco Inc | 27.92 | $14.01B |
| GRC Gorman Rupp Co | 28.93 | $994.02M |
| GE General Electric Co | 31.67 | $196.73B |
| ERII Energy Recovery Inc | 48.35 | $1.03B |
| GHM Graham Corp | 65.97 | $323.31M |
Frequently asked questions
What is Energy Recovery's PE ratio?
ERII's price to earnings ratio is 48.62 as of Oct 22, 2024.
What is the 3-year average PE ratio for Energy Recovery (ERII)?
As an average over the last 3 years, ERII stock has a PE ratio of 76.89.
What is the 5-year average PE ratio for Energy Recovery (ERII)?
As an average over the last 5 years, ERII stock has a PE ratio of 63.38.
What is the highest PE ratio for ERII?
Over the last eight years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 147.86.
How does the current PE ratio for ERII compare to its historical average?
ERII's price to earnings ratio is currently 12% below its 8-year historical average.
How is ERII's PE ratio calculated (Energy Recovery PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Oct 22, 2024), Energy Recovery's share price is $17.99. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.37. Therefore, Energy Recovery's price to earnings ratio for today is 48.62. PE RATIO(48.62) = STOCK PRICE($17.99) / TTM EPS($0.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.