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Energy Recovery (Energy Recovery) Shiller PE Ratio : 67.62 (As of Apr. 27, 2024)


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What is Energy Recovery Shiller PE Ratio?

As of today (2024-04-27), Energy Recovery's current share price is $14.20. Energy Recovery's E10 for the quarter that ended in Dec. 2023 was $0.21. Energy Recovery's Shiller PE Ratio for today is 67.62.

The historical rank and industry rank for Energy Recovery's Shiller PE Ratio or its related term are showing as below:

ERII' s Shiller PE Ratio Range Over the Past 10 Years
Min: 65.29   Med: 166.58   Max: 1084
Current: 67.62

During the past years, Energy Recovery's highest Shiller PE Ratio was 1084.00. The lowest was 65.29. And the median was 166.58.

ERII's Shiller PE Ratio is ranked worse than
85.08% of 1716 companies
in the Industrial Products industry
Industry Median: 25.01 vs ERII: 67.62

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Energy Recovery's adjusted earnings per share data for the three months ended in Dec. 2023 was $0.340. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Recovery Shiller PE Ratio Historical Data

The historical data trend for Energy Recovery's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Energy Recovery Shiller PE Ratio Chart

Energy Recovery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4,425.78 237.00 128.36 89.33

Energy Recovery Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 128.36 141.41 168.68 108.96 89.33

Competitive Comparison of Energy Recovery's Shiller PE Ratio

For the Pollution & Treatment Controls subindustry, Energy Recovery's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Energy Recovery's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Energy Recovery's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Energy Recovery's Shiller PE Ratio falls into.



Energy Recovery Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Energy Recovery's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=14.20/0.21
=67.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Energy Recovery's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Energy Recovery's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.34/129.4194*129.4194
=0.340

Current CPI (Dec. 2023) = 129.4194.

Energy Recovery Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 -0.070 99.695 -0.091
201406 -0.090 100.560 -0.116
201409 -0.110 100.428 -0.142
201412 -0.090 99.070 -0.118
201503 -0.160 99.621 -0.208
201506 -0.060 100.684 -0.077
201509 -0.010 100.392 -0.013
201512 0.010 99.792 0.013
201603 -0.040 100.470 -0.052
201606 0.010 101.688 0.013
201609 -0.010 101.861 -0.013
201612 0.110 101.863 0.140
201703 0.010 102.862 0.013
201706 0.020 103.349 0.025
201709 0.060 104.136 0.075
201712 0.240 104.011 0.299
201803 -0.010 105.290 -0.012
201806 0.280 106.317 0.341
201809 0.080 106.507 0.097
201812 0.040 105.998 0.049
201903 0.050 107.251 0.060
201906 0.070 108.070 0.084
201909 0.090 108.329 0.108
201912 -0.010 108.420 -0.012
202003 0.010 108.902 0.012
202006 0.300 108.767 0.357
202009 0.100 109.815 0.118
202012 0.060 109.897 0.071
202103 0.120 111.754 0.139
202106 0.020 114.631 0.023
202109 0.020 115.734 0.022
202112 0.090 117.630 0.099
202203 0.140 121.301 0.149
202206 -0.040 125.017 -0.041
202209 0.080 125.227 0.083
202212 0.240 125.222 0.248
202303 -0.110 127.348 -0.112
202306 -0.030 128.729 -0.030
202309 0.170 129.860 0.169
202312 0.340 129.419 0.340

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Energy Recovery  (NAS:ERII) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Energy Recovery Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Energy Recovery's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Energy Recovery (Energy Recovery) Business Description

Traded in Other Exchanges
Address
1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc is an engineering-driven technology company. It is engaged in engineering, designing, manufacturing and supplying solutions that make industrial processes more efficient and sustainable. The company operates in three segments, Water, Emerging Technologies and Corporate. It offers energy recovery devices (ERDs) and pumps as well as related products and services to the global reverse osmosis desalination market. The company derives a majority of the revenue from the Water segment. Geographically, the company operates in the U.S. and other international countries.
Executives
Joshua Ballard officer: Chief Financial Officer 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Joan Kai Chow director 215 W DIEHL ROAD, NAPERVILLE IL 60563
Sabol Colin R director 9921 MONTIANO DRIVE, NAPLES FL 34113
David W Moon director 2800 BELCLAIRE DRIVE, FRISCO TX 75034
Mao Robert Yu Lang director 2218 JACKSON AVENUE, APT 718, LONG ISLAND NY 11101
Pamela L. Tondreau director 198 CHAMPION COURT, SAN JOSE CA 95134
Farshad Ghasripoor officer: Chief Technology Officer 1717 DOOLITTLE DRVIE, SAN LEANDRO CA 94577
William Yeung officer: General Counsel 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Rodney Clemente officer: VP, Global Desalination Sales 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Arve Hanstveit director C/O ENERGY RECOVERY, INC., 1908 DOOLITTLE DRIVE, SAN LEANDRO CA 94577
Lisa A Pollina director 950 N. MICHIGAN AVENUE, UNIT 2305, CHICAGO IL 60611
Sherif Foda director C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Ole Peter Lorentzen 10 percent owner POSTBOKS A, BYGD0Y, OSLO Q8 0211
Emily Smith officer: VP, Marketing 1717 DOOLITTLE DRIVE, SAN LEANDRO CA 94577