PSTG Pure Storage PE ratio, current and historical analysis

The PE ratio for Pure Storage stock stands at 139.42 as of Apr 2, 2025. This is calculated based on the TTM EPS of $0.33 and the stock price of $46.01 per share. A decrease of 12% has been observed in the PE ratio compared to its average of 158.3 of the past four quarters.

PSTG PE ratio history

How has PSTG's PE ratio performed in the past

Over the last three years, the average PE ratio of Pure Storage has been 231.51. The current 139.42 price-to-earnings ratio is 40% less than the historical average. Analyzing the last three years, PSTG's PE ratio reached its highest point in the Nov 2022 quarter at 505.67, with a price of $30.34 and an EPS of $0.06. The Feb 2023 quarter saw the lowest point at 124.63, with a price of $29.91 and an EPS of $0.24.

Today
124.97
Average
231.51
Median
189.78
Minimum
124.63
Maximum
505.67

Pure Storage PE ratio by year

Maximum annual decrease: -2.76% in 2025

Year PE ratio PE change Price EPS
2025 205.42 -2.76% $67.79 $0.33
2024 211.25 N/A $42.25 $0.2
2022 N/A N/A $26.38 -$0.5
2021 N/A N/A $23.13 -$1.05
2020 N/A N/A $17.8 -$0.79
2019 N/A N/A $17.91 -$0.77
2018 N/A N/A $20.14 -$0.76
2017 N/A N/A $11.37 -$1.14
2016 N/A N/A $13.01 -$2.59
2015 N/A N/A N/A -$6.56
2014 N/A N/A N/A -$3.24

Pure Storage PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Feb 2025 205.42 61.27% $67.79 $0.33
Nov 2024 127.38 0.89% $50.95 $0.4
Aug 2024 126.26 -27.49% $54.29 $0.43
May 2024 174.13 -17.57% $52.24 $0.3
Feb 2024 211.25 N/A $42.25 $0.2
Aug 2023 N/A N/A $37.55 $0
May 2023 377.33 202.76% $22.64 $0.06
Feb 2023 124.63 -75.35% $29.91 $0.24
Nov 2022 505.67 N/A $30.34 $0.06
Aug 2022 N/A N/A $29.63 -$0.04
May 2022 N/A N/A $27.38 -$0.24
Feb 2022 N/A N/A $26.38 -$0.5
Oct 2021 N/A N/A $26.86 -$0.74
Aug 2021 N/A N/A $19.52 -$0.92
May 2021 N/A N/A $20.22 -$1.01

PSTG average PE ratio chart

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

PSTG's current PE ratio is under its 3 and 5-year averages.

3-year avg
231.51
5-year avg
231.51
10-year avg
N/A
15-year avg
N/A

PSTG PE vs peers

What is PSTG's PE ratio compared to its peers

PSTG's PE ratio is above its peer stocks STX and WDC.

Stock name PE ratio Market cap
WDC Western Digital Corp 10.07 $12.4B
STX Seagate Technology plc 13.36 $15.84B
PSTG Pure Storage Inc 124.97 $13.45B
QMCO Quantum Corp N/A $69.95M

Frequently asked questions

What is Pure Storage's PE ratio?

The price to earnings ratio for PSTG stock as of Apr 2, 2025, stands at 139.42.

What is the 3-year average PE ratio for Pure Storage (PSTG)?

The 3-year average PE ratio for PSTG stock is 231.51.

What is the 5-year average PE ratio for Pure Storage (PSTG)?

The 5-year average PE ratio for PSTG stock is 231.51.

What is the highest PE ratio for PSTG?

The highest quarterly PE ratio in the last three years has been 505.67 and it was in the Nov 2022 quarter.

How does the current PE ratio for PSTG compare to its historical average?

The current PE ratio of PSTG is 40% lower than the 3-year historical average.

Why is Pure Storage's PE ratio so high?

PSTG's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 139.42 is considered high.

How is PSTG's PE ratio calculated (Pure Storage PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Apr 2, 2025), Pure Storage's share price is $46.01. The company's earnings per share for the trailing twelve months (TTM) ending Feb 2025 is $0.33. Therefore, Pure Storage's price to earnings ratio for today is 139.42. PE RATIO(139.42) = STOCK PRICE($46.01) / TTM EPS($0.33)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.