Pure Storage, Inc.

Pure Storage, Inc.verified

PSTG

Price:

$59.15

Market Cap:

$19.23B

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company's Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, net...[Read more]

Industry

Computer Hardware

IPO Date

2015-10-06

Stock Exchange

NYSE

Ticker

PSTG

The PE Ratio as of May 2024 (TTM) for Pure Storage, Inc. (PSTG) is 311.32

According to Pure Storage, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 311.32. This represents a change of -460.44% compared to the average of -86.37 of the last 4 quarters.

Pure Storage, Inc. (PSTG) Historical PE Ratio (quarterly & annually)

How has PSTG PE Ratio performed in the past?

The mean historical PE Ratio of Pure Storage, Inc. over the last ten years is 16.04. The current 311.32 PE Ratio has changed 193.97% with respect to the historical average. Over the past ten years (40 quarters), PSTG's PE Ratio was at its highest in in the August 2022 quarter at 203.32. The PE Ratio was at its lowest in in the November 2022 quarter at -2930.48.

Quarterly (TTM)
Annual

Average

16.04

Median

-18.38

Minimum

-52.78

Maximum

213.05

Pure Storage, Inc. (PSTG) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Pure Storage, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 165.63%

Maximum Annual PE Ratio = 213.05

Minimum Annual Increase = -328.67%

Minimum Annual PE Ratio = -52.78

Quarterly (TTM)
Annual
YearPE RatioChange
2024213.0576.52%
2023120.70-328.67%
2022-52.78135.16%
2021-22.450.47%
2020-22.34-4.12%
2019-23.30-2.90%
2018-24.00165.63%
2017-9.0380.13%
2016-5.02-65.22%
2015-14.42-57.12%

Pure Storage, Inc. (PSTG) Average PE Ratio

How has PSTG PE Ratio performed in the past?

The current PE Ratio of Pure Storage, Inc. (PSTG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

93.66

5-year avg

47.24

10-year avg

16.04

Pure Storage, Inc. (PSTG) PE Ratio vs. Peers

How is PSTG’s PE Ratio compared to its peers?

Pure Storage, Inc.’s PE Ratio is greater than Seagate Technology Holdings plc (-74.10), greater than HP Inc. (9.05), greater than Dell Technologies Inc. (33.20), greater than Western Digital Corporation (-15.01), greater than Super Micro Computer, Inc. (47.80), greater than IonQ, Inc. (-10.75), greater than Desktop Metal, Inc. (-0.62), greater than NetApp, Inc. (24.21), greater than Arista Networks, Inc. (43.76), greater than Stratasys Ltd. (-5.62), greater than Nano Dimension Ltd. (-10.26), greater than Velo3D, Inc. (-0.46), greater than 3D Systems Corporation (-1.29), greater than Markforged Holding Corporation (-0.76),

Build a custom stock screener for Pure Storage, Inc. (PSTG) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Pure Storage, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Pure Storage, Inc. (PSTG) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Pure Storage, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Pure Storage, Inc.'s PE Ratio?

How is the PE Ratio calculated for Pure Storage, Inc. (PSTG)?

What is the highest PE Ratio for Pure Storage, Inc. (PSTG)?

What is the 3-year average PE Ratio for Pure Storage, Inc. (PSTG)?

What is the 5-year average PE Ratio for Pure Storage, Inc. (PSTG)?

How does the current PE Ratio for Pure Storage, Inc. (PSTG) compare to its historical average?