The inadequate P and water produced a long delay on plant development, especially on early vegetative stages. As expected, the genotypes showed differences in their growth, development, P accumulation and yield in response to inadequate P and water conditions. The lowest performance in terms of plant growth, development and yield was observed when both the P and water restrictions were applied. Genotypic differences were observed in terms of utilization of P and water. On this basis, wheat genotypes were grouped into three and four classes for PUTE WUE, respectively. The most efficient genotype for all the conditions was "Fritz", which obtained the highest score in the consolidated ranking for PUTE and WUE. On the contrary, "Kiron" was the most inefficient genotype. A strong correlation (similar to 85%) was observed between PUTE and WUE, which could enable the future selection of co-adapted wheat genotypes efficient in the utilization of P and water.