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Energy Recovery (Energy Recovery) Cyclically Adjusted PS Ratio : 8.31 (As of May. 24, 2024)


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What is Energy Recovery Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Energy Recovery's current share price is $13.29. Energy Recovery's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $1.60. Energy Recovery's Cyclically Adjusted PS Ratio for today is 8.31.

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

ERII' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.69   Med: 10.66   Max: 21.03
Current: 8.69

During the past years, Energy Recovery's highest Cyclically Adjusted PS Ratio was 21.03. The lowest was 2.69. And the median was 10.66.

ERII's Cyclically Adjusted PS Ratio is ranked worse than
95.17% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs ERII: 8.69

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 adjusted revenue per share data for the three months ended in Mar. 2024 was $0.212. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $1.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Energy Recovery Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Energy Recovery's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

Energy Recovery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.31 13.35 17.78 14.63 12.07

Energy Recovery Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 16.10 19.12 13.90 12.07 9.87

Competitive Comparison of Energy Recovery's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



Energy Recovery Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13.29/1.6
=8.31

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Energy Recovery's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.212/131.7762*131.7762
=0.212

Current CPI (Mar. 2024) = 131.7762.

Energy Recovery Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 0.124 100.560 0.162
201409 0.103 100.428 0.135
201412 0.285 99.070 0.379
201503 0.113 99.621 0.149
201506 0.202 100.684 0.264
201509 0.232 100.392 0.305
201512 0.290 99.792 0.383
201603 0.193 100.470 0.253
201606 0.215 101.688 0.279
201609 0.212 101.861 0.274
201612 0.256 101.863 0.331
201703 0.218 102.862 0.279
201706 0.196 103.349 0.250
201709 0.251 104.136 0.318
201712 0.378 104.011 0.479
201803 0.205 105.290 0.257
201806 0.314 106.317 0.389
201809 0.336 106.507 0.416
201812 0.253 105.998 0.315
201903 0.290 107.251 0.356
201906 0.343 108.070 0.418
201909 0.386 108.329 0.470
201912 0.280 108.420 0.340
202003 0.336 108.902 0.407
202006 0.342 108.767 0.414
202009 0.485 109.815 0.582
202012 0.462 109.897 0.554
202103 0.494 111.754 0.583
202106 0.349 114.631 0.401
202109 0.354 115.734 0.403
202112 0.574 117.630 0.643
202203 0.559 121.301 0.607
202206 0.361 125.017 0.381
202209 0.531 125.227 0.559
202212 0.736 125.222 0.775
202303 0.238 127.348 0.246
202306 0.368 128.729 0.377
202309 0.639 129.860 0.648
202312 0.992 129.419 1.010
202403 0.212 131.776 0.212

Add all the adjusted revenue per share together and divide 10 will get our 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.


Energy Recovery  (NAS:ERII) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Energy Recovery Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Energy Recovery's Cyclically Adjusted PS 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