Energy Recovery (FRA:500) Cyclically Adjusted Revenue per Share: €1.69 (As of Mar. 2026)

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FRA:500 Energy Recovery Inc FRA:500
66 GF Score
Price €7.47
GF Value €12.36
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Energy Recovery Cyclically Adjusted Revenue per Share?

Energy Recovery FRA:500 +0.48% 66 Cyclically Adjusted Revenue per Share is €1.69 as of Mar. 2026. GuruFocus rates FRA:500 with a GF Score™ of 66/100 and a GF Value™ of €12.36 (Significantly Undervalued). The stock has 5 warning signs investors should review.

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Energy Recovery's adjusted revenue per share for the three months ended in Mar. 2026 was €0.159. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €1.69 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Energy Recovery's average Cyclically Adjusted Revenue Growth Rate was 10.60% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.80% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Energy Recovery was 15.20% per year. The lowest was 2.60% per year. And the median was 10.95% per year.

As of today (2026-07-23), Energy Recovery's current stock price is €7.466. Energy Recovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €1.69. Energy Recovery's Cyclically Adjusted PS Ratio of today is 4.42.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Energy Recovery was 21.03. The lowest was 4.03. And the median was 9.97.


Energy Recovery  (FRA:500) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Energy Recovery's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=7.466/1.69
=4.42

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Energy Recovery was 21.03. The lowest was 4.03. And the median was 9.97.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Energy Recovery Cyclically Adjusted Revenue per Share Related Terms


Energy Recovery Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Energy Recovery's Cyclically Adjusted Revenue per Share 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.

Energy Recovery Cyclically Adjusted Revenue per Share Chart

Energy Recovery Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 1.30 1.40 1.71 1.68

Energy Recovery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 1.64 1.54 1.58 1.68 1.69

FRA:500 vs ARQ, FTEK, BCHT: Cyclically Adjusted Revenue per Share Comparison

For the Pollution & Treatment Controls subindustry, Energy Recovery's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Industrial Products Industry

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

* The bar in red indicates where Energy Recovery's Cyclically Adjusted PS Ratio falls into.


FRA:500
66GF Score
Energy Recovery Inc FRA:500
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Recovery Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Energy Recovery's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.159/330.2130*330.2130
=0.159

Current CPI (Mar. 2026) = 330.2130.

Energy Recovery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.191 241.018 0.262
201609 0.189 241.428 0.259
201612 0.243 241.432 0.332
201703 0.204 243.801 0.276
201706 0.174 244.955 0.235
201709 0.211 246.819 0.282
201712 0.319 246.524 0.427
201803 0.166 249.554 0.220
201806 0.269 251.989 0.353
201809 0.288 252.439 0.377
201812 0.223 251.233 0.293
201903 0.257 254.202 0.334
201906 0.303 256.143 0.391
201909 0.350 256.759 0.450
201912 0.252 256.974 0.324
202003 0.304 258.115 0.389
202006 0.303 257.797 0.388
202009 0.412 260.280 0.523
202012 0.380 260.474 0.482
202103 0.415 264.877 0.517
202106 0.290 271.696 0.352
202109 0.301 274.310 0.362
202112 0.508 278.802 0.602
202203 0.508 287.504 0.583
202206 0.341 296.311 0.380
202209 0.536 296.808 0.596
202212 0.695 296.797 0.773
202303 0.223 301.836 0.244
202306 0.339 305.109 0.367
202309 0.599 307.789 0.643
202312 0.909 306.746 0.979
202403 0.195 312.332 0.206
202406 0.440 314.175 0.462
202409 0.596 315.301 0.624
202412 1.085 315.605 1.135
202503 0.136 319.799 0.140
202506 0.446 322.561 0.457
202509 0.510 324.800 0.518
202512 1.051 324.054 1.071
202603 0.159 330.213 0.159

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €1.69 mean?
Energy Recovery (FRA:500) has a Cyclically Adjusted Revenue per Share of €1.69 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Energy Recovery and its competitors.
Is Energy Recovery's Cyclically Adjusted Revenue per Share too high?
Energy Recovery's current Cyclically Adjusted Revenue per Share is €1.69. Overall, Energy Recovery has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Energy Recovery's Cyclically Adjusted Revenue per Share compare to ARQ and FTEK?
Energy Recovery's Cyclically Adjusted Revenue per Share of €1.69 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Industrial Products company?
A good Cyclically Adjusted Revenue per Share depends on the Industrial Products industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Energy Recovery and its competitors. Energy Recovery's current Cyclically Adjusted Revenue per Share is €1.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Recovery stock overvalued right now?
Based on GuruFocus' analysis, Energy Recovery (FRA:500) is currently considered Significantly Undervalued. The stock's GF Value™ is €12.36, compared to a current price of €7.47 — trading 39.6% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €1.69. Energy Recovery's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Energy Recovery (FRA:500), the current Cyclically Adjusted Revenue per Share is €1.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Energy Recovery (FRA:500) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Recovery stock appears to be undervalued. The current stock price of €7.47 is trading 39.6% below its estimated GF Value™ of €12.36. GuruFocus considers Energy Recovery to be Significantly Undervalued.

Key valuation signals for FRA:500:

  • Cyclically Adjusted Revenue per Share: €1.69
  • GF Value™: €12.36 vs. price of €7.47 (39.6% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the FRA:500 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Recovery Business Description

Other Exchanges ERII:USA5E2:Germany
Address 1717 Doolittle Drive, San Leandro, CA, USA, 94577
Energy Recovery Inc designs and manufactures energy-saving technologies. The firm uses its proprietary pressure exchanger technology to help customers in multiple industries improve their operations and lower their emissions. Using its proprietary technology, it offers energy recovery devices, including pressure exchangers, pumps, and turbochargers, mainly used for seawater desalination and wastewater treatment. Additionally, the company is involved in the development of emerging technologies, such as the PX G1300 used in industrial and commercial refrigeration applications. The firm's reportable operating segments are: Water, which generates maximum revenue, and Emerging Technologies. Geographically, it generates maximum revenue from the Middle East, and the rest from other markets.
66GF Score

Get the complete analysis for FRA:500

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€7.47
Price
€12.36
GF Value