As of Jul 25, 2024, the Energy Recovery stock's P/E ratio is 42.4. This takes into account the latest EPS of $0.35 and stock price of $14.84. The PE ratio has decreased by 45% from its last 4 quarters average of 77.5.
The PE ratio of Energy Recovery has averaged 56.07 over the last eight years. The current price-to-earnings ratio of 42.4 is 24% 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.
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's current PE ratio is under its 3, 5 and 10-year averages.
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 42.4 is more than the average of its peers, which is 30.13.
| Stock name | PE ratio | Market cap |
|---|---|---|
| IEX Idex Corp | 27.09 | $15.63B |
| GGG Graco Inc | 28.42 | $14.26B |
| FLS Flowserve Corp | 28.48 | $6.67B |
| GRC Gorman Rupp Co | 29.58 | $1.08B |
| GE General Electric Co | 39.77 | $184.13B |
| ERII Energy Recovery Inc | 42.57 | $854.22M |
| GHM Graham Corp | 78.48 | $358.29M |
ERII's price to earnings ratio is 42.4 as of Jul 25, 2024.
As an average over the last 3 years, ERII stock has a PE ratio of 81.48.
As an average over the last 5 years, ERII stock has a PE ratio of 63.44.
Over the last eight years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 147.86.
ERII's price to earnings ratio is currently 24% below its 8-year historical average.
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 (Jul 25, 2024), Energy Recovery's share price is $14.84. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.35. Therefore, Energy Recovery's price to earnings ratio for today is 42.4. PE RATIO(42.4) = STOCK PRICE($14.84) / TTM EPS($0.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.