The PE ratio for Pure Storage stock stands at 124.68 as of Mar 18, 2025. This is calculated based on the TTM EPS of $0.4 and the stock price of $49.87 per share. A decrease of 22% has been observed in the PE ratio compared to its average of 159.8 of the past four quarters.
Over the last three years, the average PE ratio of Pure Storage has been 235.24. The current 124.68 price-to-earnings ratio is 47% 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.
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
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 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
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 |
Jan 2021 | N/A | N/A | $23.13 | -$1.05 |
PSTG's current PE ratio is under its 3 and 5-year averages.
PSTG's PE ratio is above its peer stocks STX and WDC.
Stock name | PE ratio | Market cap |
---|---|---|
WDC Western Digital Corp | 12.68 | $15.62B |
STX Seagate Technology plc | 15.88 | $18.83B |
PSTG Pure Storage Inc | 128.8 | $16.81B |
QMCO Quantum Corp | N/A | $114.53M |
The price to earnings ratio for PSTG stock as of Mar 18, 2025, stands at 124.68.
The 3-year average PE ratio for PSTG stock is 235.24.
The 5-year average PE ratio for PSTG stock is 235.24.
The highest quarterly PE ratio in the last three years has been 505.67 and it was in the Nov 2022 quarter.
The current PE ratio of PSTG is 47% lower than the 3-year historical average.
PSTG's stock price is trading at a higher multiple of earnings, which is why its PE ratio of 124.68 is considered high.
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 (Mar 18, 2025), Pure Storage's share price is $49.87. The company's earnings per share for the trailing twelve months (TTM) ending Nov 2024 is $0.4. Therefore, Pure Storage's price to earnings ratio for today is 124.68. PE RATIO(124.68) = STOCK PRICE($49.87) / TTM EPS($0.4)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.