ITRI
Itron
PE ratio, current and historical analysis
- Stocks
- Technology
- NASDAQ: ITRI
- PE Ratio
As of Jul 31, 2026, the Itron stock's PE ratio is 16.39. This takes into account the latest EPS of $6.08 and stock price of $99.66. The PE ratio at present is nearly equal to the average from the previous four quarters.
ITRI PE ratio history
The PE ratio of Itron has averaged 82.29 over the last ten years. The current P/E ratio of 16.39 is 80% lower than the historical average. Looking back at the last ten 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 Dec 2025 quarter, when it reached 14.03 with a price of $92.86 and an EPS of $6.62.
Itron PE ratio by year
Maximum annual decrease: -41.89% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 14.03 | -31.89% | $92.86 | $6.62 |
| 2024 | 20.6 | -41.89% | $108.58 | $5.27 |
| 2023 | 35.45 | N/A | $75.51 | $2.13 |
| 2022 | N/A | N/A | $50.65 | -$0.22 |
| 2021 | N/A | N/A | $68.52 | -$1.83 |
| 2020 | N/A | N/A | $95.9 | -$1.44 |
| 2019 | 67.7 | N/A | $83.95 | $1.24 |
| 2018 | N/A | N/A | $47.29 | -$2.53 |
| 2017 | 46.08 | -39.14% | $68.2 | $1.48 |
| 2016 | 75.72 | -30.94% | $62.85 | $0.83 |
| 2015 | 109.64 | N/A | $36.18 | $0.33 |
| 2014 | N/A | N/A | $42.29 | -$0.6 |
| 2013 | N/A | N/A | $41.43 | -$3.9 |
| 2012 | 16.32 | N/A | $44.55 | $2.73 |
| 2011 | N/A | N/A | $35.77 | -$12.56 |
Itron PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Jun 2026 | 14.23 | 1.14% | $86.53 | $6.08 |
| Mar 2026 | 14.07 | 0.29% | $89.63 | $6.37 |
| Dec 2025 | 14.03 | -36.26% | $92.86 | $6.62 |
| Sep 2025 | 22.01 | -0.36% | $124.56 | $5.66 |
| Jun 2025 | 22.09 | 17.69% | $131.63 | $5.96 |
| Mar 2025 | 18.77 | -8.88% | $104.76 | $5.58 |
| Dec 2024 | 20.6 | -4.54% | $108.58 | $5.27 |
| Sep 2024 | 21.58 | -10.6% | $106.81 | $4.95 |
| Jun 2024 | 24.14 | -8.42% | $98.96 | $4.1 |
| Mar 2024 | 26.36 | -25.64% | $92.52 | $3.51 |
| Dec 2023 | 35.45 | -4.03% | $75.51 | $2.13 |
| Sep 2023 | 36.94 | -56.45% | $60.58 | $1.64 |
| Jun 2023 | 84.82 | N/A | $72.1 | $0.85 |
| Mar 2023 | N/A | N/A | $55.45 | -$0.5 |
| Dec 2022 | N/A | N/A | $50.65 | -$0.22 |
ITRI Price vs fair value
ITRI average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of ITRI is lower than its 3, 5 and 10-year averages.
PE comparison
With a price to earnings (P/E) of 16.39, ITRI ranks lower than the Technology sector, the industry and its peers average. In comparison with the Technology sector average of 34.94, Itron's price to earnings (P/E) is 53% lower.
ITRI PE vs peers
ITRI's PE ratio stands lower than its peer stocks GE and ESE, but it is higher than ROP's and AVA's. Itron is currently trading at a lower PE ratio (16.39) than its peers average of 25.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 15.52 | $3.22B |
| ROP Roper Technologies Inc | 16.47 | $39.44B |
| ITRI Itron Inc | 16.59 | $4.42B |
| MWA Mueller Water Products Inc - Series A | 19.35 | $4.06B |
| ESE Esco Technologies Inc | 26.66 | $8.24B |
| BMI Badger Meter Inc | 32.15 | $4.01B |
| GE General Electric Company | 42.86 | $380.21B |
Frequently asked questions
What is Itron's PE ratio?
ITRI stock has a price to earnings ratio of 16.39 as of Jul 31, 2026.
What is the 3-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 3 years is 22.52.
What is the 5-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 5 years is 102.54.
What is the highest PE ratio for ITRI?
Over the last ten 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 80% below its 10-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 (Jul 31, 2026), Itron's share price is $99.66. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2026 is $6.08. Therefore, Itron's PE ratio for today is 16.39. PE RATIO(16.39) = STOCK PRICE($99.66) / TTM EPS($6.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.