ITRI Itron PE ratio, current and historical analysis
As of Oct 3, 2024, the Itron stock's PE ratio is 25.27. This takes into account the latest EPS of $4.1 and stock price of $103.59. The PE ratio marks a decrease of 18% from its last 4 quarters average of 30.7.
ITRI PE ratio history
The PE ratio of Itron has averaged 107.11 over the last nine years. The current P/E ratio of 25.27 is 76% lower than the historical average. Looking back at the last nine years, ITRI's PE ratio peaked in the Sep 2021 quarter at 1,080.43, when the price was $75.63 and the EPS was $0.07. The lowest point was in the Jun 2024 quarter, when it reached 24.14 with a price of $98.96 and an EPS of $4.1.
Itron PE ratio by year
Maximum annual decrease: -39.14% in 2017
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 35.45 | N/A |
| 2022 | N/A | N/A |
| 2021 | N/A | N/A |
| 2020 | N/A | N/A |
| 2019 | 67.7 | N/A |
| 2018 | N/A | N/A |
| 2017 | 46.08 | -39.14% |
| 2016 | 75.72 | -30.94% |
| 2015 | 109.64 | N/A |
| 2014 | N/A | N/A |
ITRI average PE ratio chart
The current PE ratio of ITRI is lower than its 3, 5 and 10-year averages.
ITRI PE vs peers
ITRI's PE ratio stands lower than its peer stocks GE and ROP, but it is higher than AVA's. Itron is currently trading at a lower PE ratio (25.27) than its peers average of 35.9.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.21 | $2.97B |
| ITRI Itron Inc | 25.27 | $4.66B |
| MWA Mueller Water Products Inc | 27.68 | $3.36B |
| ESE Esco Technologies Inc | 32.27 | $3.22B |
| ROP Roper Technologies Inc | 40.33 | $58.84B |
| GE General Electric Co | 43.07 | $199.39B |
| BMI Badger Meter Inc | 56.85 | $6.44B |
Frequently asked questions
What is Itron's PE ratio?
ITRI stock has a price to earnings ratio of 25.27 as of Oct 3, 2024.
What is the 3-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 3 years is 41.54.
What is the 5-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 5 years is 174.1.
What is the highest PE ratio for ITRI?
Over the last nine years, the quarterly PE ratio reached its highest level at 1,080.43 in the Sep 2021 quarter.
How does the current PE ratio for ITRI compare to its historical average?
ITRI's price to earnings ratio is currently 76% below its 9-year historical average.
How is ITRI's PE ratio calculated (Itron PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Oct 3, 2024), Itron's share price is $103.59. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $4.1. Therefore, Itron's PE ratio for today is 25.27. PE RATIO(25.27) = STOCK PRICE($103.59) / TTM EPS($4.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.