P/E ratio for Energy Recovery (ERII)

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

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
General Electric GE	19.7	-74.68%	🇺🇸 USA
Flowserve FLS	31.1	-59.91%	🇺🇸 USA
Colfax Corporation CFX	27.1	-65.06%	🇺🇸 USA
IDEX IEX	26.1	-66.41%	🇺🇸 USA
Graco GGG	27.4	-64.75%	🇺🇸 USA
Gorman-Rupp GRC	36.7	-52.70%	🇺🇸 USA
Graham Corporation GHM	195	150.96%	🇺🇸 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.