As of May 2, 2024, the Itron stock's PE ratio is 28.44. This takes into account the latest EPS of $3.51 and stock price of $99.82. The PE ratio marks a decrease of 38% from its last 4 quarters average of 45.9.
The PE ratio of Itron has averaged 111.48 over the last nine years. The current P/E ratio of 28.44 is 74% 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 Mar 2024 quarter, when it reached 26.36 with a price of $92.52 and an EPS of $3.51.
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 |
The current PE ratio of ITRI is lower than its 3, 5 and 10-year averages.
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 (28.44) than its peers average of 37.07.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.42 | $2.92B |
| ESE Esco Technologies Inc | 29.72 | $2.77B |
| ITRI Itron Inc | 30.33 | $4.88B |
| MWA Mueller Water Products Inc | 32.46 | $2.53B |
| ROP Roper Technologies Inc | 39.83 | $55.33B |
| GE General Electric Co | 53.11 | $179.64B |
| BMI Badger Meter Inc | 54.14 | $5.55B |
ITRI stock has a price to earnings ratio of 28.44 as of May 2, 2024.
The average PE ratio for ITRI stock over the past 3 years is 252.8.
The average PE ratio for ITRI stock over the past 5 years is 162.08.
Over the last nine years, the quarterly PE ratio reached its highest level at 1,080.43 in the Sep 2021 quarter.
ITRI's price to earnings ratio is currently 74% below its 9-year historical average.
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 2, 2024), Itron's share price is $99.82. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $3.51. Therefore, Itron's PE ratio for today is 28.44. PE RATIO(28.44) = STOCK PRICE($99.82) / TTM EPS($3.51)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.