Energy Recovery
ERII
#5300
Rank
C$1.58 B
Marketcap
$27.43
Share price
-0.76%
Change (1 day)
10.62%
Change (1 year)

P/E ratio for Energy Recovery (ERII)

P/E ratio as of November 2024 (TTM): 98.6

According to Energy Recovery 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 98.55. At the end of 2022 the company had a P/E ratio of 46.6.

P/E ratio history for Energy Recovery from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246.6-45.83%
202186.0196.2%
202029.0-40.71%
201949.0198.21%
201816.4-36.22%
201725.7-82.59%
2016148-560.09%
2015-32.1119.53%
2014-14.6-81.54%
2013-79.3273.11%
2012-21.3311.82%
2011-5.16-90.13%
2010-52.3-153.2%
200998.3146.36%
200839.9

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
21.6-78.07%๐Ÿ‡บ๐Ÿ‡ธ USA
32.0-67.51%๐Ÿ‡บ๐Ÿ‡ธ USA
27.1-72.48%๐Ÿ‡บ๐Ÿ‡ธ USA
28.0-71.58%๐Ÿ‡บ๐Ÿ‡ธ USA
28.2-71.35%๐Ÿ‡บ๐Ÿ‡ธ USA
39.0-60.39%๐Ÿ‡บ๐Ÿ‡ธ USA
186 88.79%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.