ITRI Itron PE ratio, current and historical analysis
As of Feb 4, 2025, the Itron stock's PE ratio is 21.22. This takes into account the latest EPS of $4.95 and stock price of $105.05. The PE ratio marks a decrease of 21% from its last 4 quarters average of 26.9.
ITRI PE ratio history
The PE ratio of Itron has averaged 103.04 over the last ten years. The current P/E ratio of 21.22 is 79% 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 Sep 2024 quarter, when it reached 21.58 with a price of $106.81 and an EPS of $4.95.
Itron PE ratio by year
Maximum annual decrease: -39.14% in 2017
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | 21.33 | N/A | $55.45 | $2.6 |
| 2009 | N/A | N/A | $67.57 | -$0.06 |
Itron PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Sep 2022 | N/A | N/A | $42.11 | -$2.03 |
| Jun 2022 | N/A | N/A | $49.43 | -$2.16 |
| Mar 2022 | N/A | N/A | $52.68 | -$2.07 |
| Dec 2021 | N/A | N/A | $68.52 | -$1.83 |
| Sep 2021 | 1,080.43 | N/A | $75.63 | $0.07 |
| Jun 2021 | N/A | N/A | $99.98 | -$0.52 |
| Mar 2021 | N/A | N/A | $88.65 | -$1.35 |
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 (21.22) than its peers average of 34.69.
| Stock name | PE ratio | Market cap |
|---|---|---|
| AVA Avista Corp | 14.59 | $2.91B |
| ITRI Itron Inc | 21.22 | $4.74B |
| MWA Mueller Water Products Inc | 31.19 | $3.61B |
| ESE Esco Technologies Inc | 33.46 | $3.41B |
| GE General Electric Co | 33.47 | $217B |
| ROP Roper Technologies Inc | 41.89 | $61.94B |
| BMI Badger Meter Inc | 53.53 | $6.38B |
Frequently asked questions
What is Itron's PE ratio?
ITRI stock has a price to earnings ratio of 21.22 as of Feb 4, 2025.
What is the 3-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 3 years is 38.22.
What is the 5-year average PE ratio for Itron (ITRI)?
The average PE ratio for ITRI stock over the past 5 years is 168.34.
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 79% 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 (Feb 4, 2025), Itron's share price is $105.05. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $4.95. Therefore, Itron's PE ratio for today is 21.22. PE RATIO(21.22) = STOCK PRICE($105.05) / TTM EPS($4.95)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.