PSTG Pure Storage PE ratio, current and historical analysis
- Stocks
- Technology
- NYSE: PSTG
- PE Ratio
The PE ratio for Pure Storage stock stands at 171.33 as of May 20, 2025. This is calculated based on the TTM EPS of $0.33 and the stock price of $56.54 per share. An increase of 8% has been observed in the PE ratio compared to its average of 158.3 of the past four quarters.
PSTG PE ratio history
Over the last three years, the average PE ratio of Pure Storage has been 231.51. The current 171.33 price-to-earnings ratio is 26% 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.
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 Price vs fair value
PSTG average PE ratio chart
PSTG's current PE ratio is under its 3 and 5-year averages.
PSTG PE vs peers
PSTG's PE ratio is above its peer stocks STX and WDC.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WDC Western Digital Corp | 10.89 | $17.66B |
| STX Seagate Technology plc | 15.11 | $22.7B |
| PSTG Pure Storage Inc | 171.33 | $18.43B |
| QMCO Quantum Corp | N/A | $75.03M |
Frequently asked questions
What is Pure Storage's PE ratio?
The price to earnings ratio for PSTG stock as of May 20, 2025, stands at 171.33.
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 26% 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 171.33 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 (May 20, 2025), Pure Storage's share price is $56.54. 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 171.33. PE RATIO(171.33) = STOCK PRICE($56.54) / TTM EPS($0.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.