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ITRI Itron PE ratio, current and historical analysis

As of Jun 20, 2024, the Itron stock's PE ratio is 28.05. This takes into account the latest EPS of $3.51 and stock price of $98.47. The PE ratio marks a decrease of 39% from its last 4 quarters average of 45.9.

ITRI PE ratio history

How has ITRI's PE ratio performed in the past

The PE ratio of Itron has averaged 111.48 over the last nine years. The current P/E ratio of 28.05 is 75% 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.

Average
111.48
Median
49.97
Minimum
26.36
Maximum
1,080.43

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

What is the average PE ratio of ITRI for the past years

The current PE ratio of ITRI is lower than its 3, 5 and 10-year averages.

3-year avg
252.8
5-year avg
162.08
10-year avg
111.48
15-year avg
105.99

ITRI PE vs peers

What is ITRI's PE ratio compared to its peers

ITRI's PE ratio stands lower than its peer stocks GE and ROP, but it is higher than MWA's and ESE's. Itron is currently trading at a lower PE ratio (28.05) than its peers average of 35.88.

Stock name PE ratio Market cap
AVA Avista Corp 13.98 $2.64B
ESE Esco Technologies Inc 26.99 $2.65B
MWA Mueller Water Products Inc 27.06 $2.7B
ITRI Itron Inc 28.05 $4.52B
ROP Roper Technologies Inc 40.29 $59.86B
GE General Electric Co 53.4 $180.61B
BMI Badger Meter Inc 53.55 $5.49B

Frequently asked questions

What is Itron's PE ratio?

ITRI stock has a price to earnings ratio of 28.05 as of Jun 20, 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 252.8.

What is the 5-year average PE ratio for Itron (ITRI)?

The average PE ratio for ITRI stock over the past 5 years is 162.08.

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 75% 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 (Jun 20, 2024), Itron's share price is $98.47. 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 28.05. PE RATIO(28.05) = STOCK PRICE($98.47) / TTM EPS($3.51)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.