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ERII Energy Recovery PE ratio, current and historical analysis

As of Feb 28, 2024, the Energy Recovery stock's P/E ratio is 40.18. This takes into account the latest EPS of $0.38 and stock price of $15.27. The PE ratio has decreased by 58% from its last 4 quarters average of 96.6.

ERII PE ratio history

How has ERII's PE ratio performed in the past

The PE ratio of Energy Recovery has averaged 56.45 over the last eight years. The current price-to-earnings ratio of 40.18 is 29% 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.

Average
56.45
Median
47.65
Minimum
13.69
Maximum
147.86

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

What is the average PE ratio of ERII for the past years

ERII's current PE ratio is under its 3, 5 and 10-year averages.

3-year avg
79.9
5-year avg
61.03
10-year avg
56.45
15-year avg
61.43

ERII PE vs peers

What is ERII's PE ratio compared to its 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 40.18 is more than the average of its peers, which is 27.09.

Stock name PE ratio Market cap
GE General Electric Co 18.58 $170.68B
GRC Gorman Rupp Co 27.86 $978.73M
FLS Flowserve Corp 29.8 $5.55B
IEX Idex Corp 29.97 $17.84B
GGG Graco Inc 30.32 $15.35B
ERII Energy Recovery Inc 41.16 $892.71M
GHM Graham Corp 91.12 $256.52M

Frequently asked questions

What is Energy Recovery's PE ratio?

ERII's price to earnings ratio is 40.18 as of Feb 28, 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 79.9.

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 61.03.

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 29% 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 (Feb 28, 2024), Energy Recovery's share price is $15.27. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $0.38. Therefore, Energy Recovery's price to earnings ratio for today is 40.18. PE RATIO(40.18) = STOCK PRICE($15.27) / TTM EPS($0.38)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.