Energy RecoveryERII +0.45%66 Forward PE Ratio is 147.99 as of Jul. 06, 2026. GuruFocus rates ERII with a GF Score™ of 66/100 and a GF Value™ of $14.61 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,276 Industrial Products companies, Energy Recovery ranks worse than 95.45% on this metric.
Energy Recovery (NAS:ERII) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Energy Recovery Forward PE Ratio Related Terms
Energy Recovery Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for Energy Recovery's Forward 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.
Energy Recovery Forward PE Ratio Chart
Energy Recovery Annual Data
Trend
2017-12
2018-12
2024-12
2025-12
Forward PE Ratio
10.30
26.11
26.21
15.95
Energy Recovery Quarterly Data
2017-12
2018-03
2018-06
2018-09
2018-12
2019-03
2019-06
2019-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
10.30
23.47
44.84
16.89
26.11
41.49
43.48
120.48
26.21
26.28
23.40
19.22
15.95
17.07
ERII vs ARQ, FTEK, BCHT: Forward PE Ratio Comparison
For the Pollution & Treatment Controls subindustry, Energy Recovery's Forward PE Ratio, along with its competitors' market caps and Forward 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 Forward PE Ratio vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Energy Recovery's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Energy Recovery's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Energy Recovery (ERII) has a Forward PE Ratio of 147.99 as of Jul. 06, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Energy Recovery and its competitors. According to the industry distribution chart, Energy Recovery ranks #1218 out of 1276 companies in the Industrial Products industry, placing it in the top 95.5%.
Is Energy Recovery's Forward PE Ratio too high?
Energy Recovery's current Forward PE Ratio is 147.99. The Industrial Products industry median Forward PE Ratio is 20.77. Energy Recovery's value of 147.99 is 612.5% above this industry median. Based on the distribution chart, Energy Recovery ranks #1218 out of 1276 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. 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 Forward PE Ratio compare to ARQ and FTEK?
According to the Industrial Products industry distribution chart, Energy Recovery ranks #1218 out of 1276 companies for Forward PE Ratio. This places Energy Recovery in the lower half of its industry. The industry median Forward PE Ratio is 20.77. Energy Recovery's value of 147.99 is 612.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Industrial Products company?
The median Forward PE Ratio among Industrial Products companies is 20.77, based on 1,276 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Energy Recovery's current Forward PE Ratio of 147.99 is 612.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Energy Recovery and its competitors. For the Industrial Products industry, the median Forward PE Ratio is 20.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Recovery's current Forward PE Ratio is 147.99. 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 (ERII) is currently considered Significantly Undervalued. The stock's GF Value™ is $14.61, compared to a current price of $8.88 — trading 39.2% below its estimated fair value. The current Forward PE Ratio is 147.99 and 612.5% above the Industrial Products industry median of 20.77. 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 Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Energy Recovery (ERII), the current Forward PE Ratio is 147.99 as of Jul. 06, 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 (ERII) Overvalued in 2026?
Based on GuruFocus' analysis, Energy Recovery stock appears to be undervalued.
The current stock price of $8.88 is trading 39.2% below its estimated GF Value™ of $14.61.
GuruFocus considers Energy Recovery to be Significantly Undervalued.
Key valuation signals for ERII:
Forward PE Ratio: 147.99
GF Value™: $14.61 vs. price of $8.88 (39.2% below fair value)
Industry Position: 612.5% above the Industrial Products median (#1218 of 1276)
No single metric tells the full story. See the ERII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 ERII
Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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