Energy Price Earnings Ratio from 2010 to 2024

ERII Stock  USD 13.86  0.10  0.72%   
Energy Recovery's Price Earnings Ratio is decreasing with slightly volatile movements from year to year. Price Earnings Ratio is predicted to flatten to 46.98. For the period between 2010 and 2024, Energy Recovery, Price Earnings Ratio quarterly trend regression had median of  38.05 and r-value of (0.37). View All Fundamentals
 
Price Earnings Ratio  
First Reported
2010-12-31
Previous Quarter
49.45149554
Current Value
46.98
Quarterly Volatility
450.01589312
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Energy Recovery financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Energy main balance sheet or income statement drivers, such as Interest Expense of 1.1 M, Selling General Administrative of 17.7 M or Selling And Marketing Expenses of 23.3 M, as well as many exotic indicators such as Price To Sales Ratio of 7.87, Dividend Yield of 0.0 or PTB Ratio of 4.6. Energy financial statements analysis is a perfect complement when working with Energy Recovery Valuation or Volatility modules.
  
This module can also supplement Energy Recovery's financial leverage analysis and stock options assessment as well as various Energy Recovery Technical models . Check out the analysis of Energy Recovery Correlation against competitors.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.

Latest Energy Recovery's Price Earnings Ratio Growth Pattern

Below is the plot of the Price Earnings Ratio of Energy Recovery over the last few years. It is Energy Recovery's Price Earnings Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Energy Recovery's overall financial position and show how it may be relating to other accounts over time.
Price Earnings Ratio10 Years Trend
Slightly volatile
   Price Earnings Ratio   
       Timeline  

Energy Price Earnings Ratio Regression Statistics

Arithmetic Mean162.21
Coefficient Of Variation277.42
Mean Deviation254.68
Median38.05
Standard Deviation450.02
Sample Variance202,514
Range1.8K
R-Value(0.37)
Mean Square Error187,920
R-Squared0.14
Significance0.17
Slope(37.43)
Total Sum of Squares2.8M

Energy Price Earnings Ratio History

2024 46.98
2023 49.45
2022 47.9
2021 85.83
2020 28.8
2019 49.11
2018 16.38

About Energy Recovery Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Energy Recovery income statement, its balance sheet, and the statement of cash flows. Energy Recovery investors use historical funamental indicators, such as Energy Recovery's Price Earnings Ratio, to determine how well the company is positioned to perform in the future. Although Energy Recovery investors may use each financial statement separately, they are all related. The changes in Energy Recovery's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Energy Recovery's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Energy Recovery Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Energy Recovery. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Earnings Ratio 49.45  46.98 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Energy Recovery in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Energy Recovery's short interest history, or implied volatility extrapolated from Energy Recovery options trading.

Pair Trading with Energy Recovery

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Energy Recovery position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Energy Recovery will appreciate offsetting losses from the drop in the long position's value.

Moving against Energy Stock

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The ability to find closely correlated positions to Energy Recovery could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energy Recovery when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Energy Recovery - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Energy Recovery to buy it.
The correlation of Energy Recovery is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Energy Recovery moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energy Recovery moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Energy Recovery can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Energy Recovery offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Energy Recovery's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Energy Recovery Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Energy Recovery Stock:
Check out the analysis of Energy Recovery Correlation against competitors.
For more detail on how to invest in Energy Stock please use our How to Invest in Energy Recovery guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Energy Stock analysis

When running Energy Recovery's price analysis, check to measure Energy Recovery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Energy Recovery is operating at the current time. Most of Energy Recovery's value examination focuses on studying past and present price action to predict the probability of Energy Recovery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energy Recovery's price. Additionally, you may evaluate how the addition of Energy Recovery to your portfolios can decrease your overall portfolio volatility.
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Is Energy Recovery's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Energy Recovery. If investors know Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Energy Recovery listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.414
Earnings Share
0.34
Revenue Per Share
2.242
Quarterly Revenue Growth
(0.1)
Return On Assets
0.0449
The market value of Energy Recovery is measured differently than its book value, which is the value of Energy that is recorded on the company's balance sheet. Investors also form their own opinion of Energy Recovery's value that differs from its market value or its book value, called intrinsic value, which is Energy Recovery's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Energy Recovery's market value can be influenced by many factors that don't directly affect Energy Recovery's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Energy Recovery's value and its price as these two are different measures arrived at by different means. Investors typically determine if Energy Recovery is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energy Recovery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.